Fort Myers Beach Kiwanis Club Foundation Inc

Analysis

Fort Myers Beach Kiwanis Club Foundation Inc is a registered charity in United States, based in Ft Myers BCH, FL. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Fort Myers Beach Kiwanis Club Foundation Inc reported income of $504k and spending of $1.3m, spending 264% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $396k to $504k (+27%), an average of +8.3% a year. The sharpest change came in the year to September 2021, when income rose by 43%. Over the whole period it spent 128% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fort Myers Beach Kiwanis Club Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include J L Mann Athletic Booster Club Inc ($504k), Single Parent Provision ($504k) and St James School District Foundation ($504k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $83k. At year end it held assets of $265k against liabilities of $0, net assets of $265k.