Kiwanis Club of San Jose Foundation Inc

Analysis

Kiwanis Club of San Jose Foundation Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 San Jose Foundation Inc reported income of $244k and spending of $119k, leaving 51% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $171k to $244k (+43%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 43%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kiwanis Club of San Jose Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include WBCS Inc ($244k), Tower Lights Charities Inc ($245k) and New Jersey State Federation of Womens Clubs ($244k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $651k against liabilities of $101k, net assets of $550k. It reported 17 employees.