Kiwanis Club of Lady Lake Charitable Foundation Inc

Analysis

Kiwanis Club of Lady Lake Charitable Foundation Inc is a registered charity in United States, based in Lady Lake, FL. It received its IRS tax-exemption ruling in September 2012, 14 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 (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 Club of Lady Lake Charitable Foundation Inc reported income of $73k and spending of $41k, leaving 43% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income grew from $68k to $73k (+6.0%), an average of +1.2% a year. The sharpest change came in the year to September 2024, when income rose by 101%. Over the whole period it spent 108% 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 Lady Lake Charitable Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Troy Rotary Foundation Inc ($73k), Laddie J Hendricks Charitable Trust ($73k) and Yttmtl Inc ($73k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 16% and program service revenue 12% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.