Kiwanis Club of West Palm Beach Foundation Inc

Analysis

Kiwanis Club of West Palm Beach Foundation Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in August 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Kiwanis Club of West Palm Beach Foundation Inc reported income of $331k and spending of $323k, spending 98% of its income. Across the 6 years on record, from December 2019 to September 2024, income fell from $474k to $331k (-30%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kiwanis Club of West Palm Beach Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Sheltercare Providers of San Diego Inc ($331k), Mexico Missions Inc ($331k) and The Fred J Morganthall II Foundation ($331k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $2.8m against liabilities of $719, net assets of $2.8m.