Birmingham Kiwanis Foundation

Analysis

Birmingham Kiwanis Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 1967, 59 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Birmingham Kiwanis Foundation reported income of $82k and spending of $114k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $774k to $82k (-89%), an average of -43% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 346% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Birmingham Kiwanis Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within AL. Charities of a similar size with the same main cause include Biostrategy Partners Inc ($82k), Prescott Noon Lions Club Foundation Inc ($82k) and Gwinner Community Development Corporation ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $2.3m against liabilities of $450, net assets of $2.3m.