Kiwanis Club of Montgomery Foundation

Analysis

Kiwanis Club of Montgomery Foundation is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Kiwanis Club of Montgomery Foundation reported income of $434k and spending of $359k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $337k to $434k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kiwanis Club of Montgomery Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include The Persimmon Foundation ($434k), Vietnamese Charitable Association ($434k) and Win the Day Foundation Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $635k against liabilities of $139k, net assets of $496k.