Kiwanis Club of Thousand Oaks of California Charitable Foundation

Analysis

Kiwanis Club of Thousand Oaks of California Charitable Foundation is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kiwanis Club of Thousand Oaks of California Charitable Foundation reported income of $72k and spending of $49k, leaving 32% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $73k to $72k (-1.6%), an average of -1.6% a year. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kiwanis Club of Thousand Oaks of California Charitable Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Action Coalition of Englewood ($72k), Buckhead Lions Club Foundation Inc ($72k) and Possibilities of the Concho Valley ($72k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $102k against liabilities of $14k, net assets of $88k.