Kiwanis Foundation of Houston

Analysis

Kiwanis Foundation of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 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 2024, Kiwanis Foundation of Houston reported income of $238k and spending of $271k, spending 114% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $90k to $238k (+164%), an average of +21% a year. The sharpest change came in the year to September 2020, when income rose by 520%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiwanis Foundation of Houston sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Greater Greenville Development Foundation Inc ($238k), Southern Association for College Student Affairs ($238k) and Focus NJ Inc ($238k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 31% of the total. At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m.