Kiwanis Club of Tulare Foundation

Analysis

Kiwanis Club of Tulare Foundation is a registered charity in United States, based in Tulare, CA. It received its IRS tax-exemption ruling in March 2002, 24 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, Kiwanis Club of Tulare Foundation reported income of $109k and spending of $91k, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $80k to $109k (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2022, when income rose by 488%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiwanis Club of Tulare Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Local Initiative for Transformation - WC Inc ($109k), Lenoir Service League Incorporated ($109k) and Chanhassen Rotary Foundation ($109k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $153k against liabilities of $2,160, net assets of $151k.