Sunrise Kiwanis Foundation of Fort Pierce Inc

Analysis

Sunrise Kiwanis Foundation of Fort Pierce Inc is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in August 2018, 8 years ago. 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, Sunrise Kiwanis Foundation of Fort Pierce Inc reported income of $182k and spending of $43k, leaving 77% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $51k to $182k (+253%), an average of +253% a year. The sharpest change came in the year to September 2023, when income rose by 253%. Over the whole period it spent 29% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunrise Kiwanis Foundation of Fort Pierce Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include American College of Physicians ($182k), Serra International ($182k) and Beaufort County Committee of 100 Ltd ($182k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.