Kiwanis Club of Los Altos Foundation

Analysis

Kiwanis Club of Los Altos Foundation is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in October 2001, 25 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, Kiwanis Club of Los Altos Foundation reported income of $88k and spending of $66k, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $115k to $88k (-23%), an average of -6.4% a year. The sharpest change came in the year to September 2021, when income rose by 71%. Over the whole period it spent 77% 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 Los Altos Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Junior Service League of Harlingen ($88k), Rolling Start NC ($88k) and Harry Hurley in the Morning Golf Open Inc ($88k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $314k against liabilities of $0, net assets of $314k.