Alamo Kiwanis Club Charities Inc

Analysis

Alamo Kiwanis Club Charities Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 1966, 60 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, Alamo Kiwanis Club Charities Inc reported income of $128k and spending of $109k, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $203k to $128k (-37%), an average of -11% a year. The sharpest change came in the year to September 2021, when income rose by 114%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alamo Kiwanis Club Charities Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Daybreak Rotary Charity Fund of Lake Ozark Inc ($128k), Ripley County Tourism Bureau Inc ($128k) and Kinmundy Promotions Inc ($128k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $111k against liabilities of $1,900, net assets of $109k. It reported 1 employees.