Kiwanis Club of North Modesto Foundation

Analysis

Kiwanis Club of North Modesto Foundation is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in October 2020, 6 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 2024, Kiwanis Club of North Modesto Foundation reported income of $153k and spending of $162k, spending 106% of what it took in. Across the 4 years on record, from September 2021 to September 2024, income grew from $107k to $153k (+44%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kiwanis Club of North Modesto Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Bac Local 7 Tile Marble and Terrazzo Scholarship Fund Inc ($153k), University of Notre Dame Club of Chicago ($153k) and Somers Point Volunteer Fire Company No 1 Inc ($153k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 9.3% of the total. At year end it held assets of $229k against liabilities of $854, net assets of $228k.