Grand Junction Kiwanis Foundation

Analysis

Grand Junction Kiwanis Foundation is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in March 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Grand Junction Kiwanis Foundation reported income of $82k and spending of $213k, spending 259% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $85k to $82k (-3.0%), an average of -0.8% a year. The sharpest change came in the year to September 2021, when income rose by 69%. Over the whole period it spent 164% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Grand Junction 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 28th percentile within CO. Charities of a similar size with the same main cause include Sweet Auburn Works ($82k), Tennessee Real Estate Educational Foundation Inc ($82k) and Cape Meares Community Association ($82k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.1% and program service revenue 3.4% of the total. At year end it held assets of $448k against liabilities of $9,260, net assets of $439k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.