Kiwanis Club of Palo Alto Charitable Foundation

Analysis

Kiwanis Club of Palo Alto Charitable Foundation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in January 2003, 23 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, Kiwanis Club of Palo Alto Charitable Foundation reported income of $164k and spending of $110k, leaving 33% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $126k to $164k (+30%), an average of +6.8% a year. The sharpest change came in the year to September 2022, when income rose by 55%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kiwanis Club of Palo Alto Charitable Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include National Space Club Florida Committee Inc ($164k), Light of Knowledge Child Care Center Inc ($164k) and Local 143 Joint Apprenticeship TR ($164k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $973k against liabilities of $5,602, net assets of $967k.