Texas-Oklahoma Kiwanis Foundation Inc

Analysis

Texas-Oklahoma Kiwanis Foundation Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in April 2024, 2 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 September 2023, Texas-Oklahoma Kiwanis Foundation Inc reported income of $184k and spending of $77k, leaving 58% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $148k to $184k (+25%), an average of +7.7% a year. The sharpest change came in the year to September 2022, when income rose by 635%. Over the whole period it spent 22% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Texas-Oklahoma Kiwanis Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within OK. Charities of a similar size with the same main cause include Cedar Branch Project ($184k), Main Street Fremont Inc ($185k) and Piedmont Triad Film Commission ($184k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $3.5m against liabilities of $23k, net assets of $3.5m.