Kiwanis Club of Carmichael Foundation

Analysis

Kiwanis Club of Carmichael Foundation is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in March 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kiwanis Club of Carmichael Foundation reported income of $98k and spending of $78k, leaving 21% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $65k to $98k (+51%), an average of +51% a year. The sharpest change came in the year to September 2023, when income rose by 51%. Over the whole period it spent 86% 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 Carmichael Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Giving to the Nations Inc ($98k), Give 2 Those Inc ($98k) and Bucholtz Fam Charitable Declaration of TR ($98k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.