Kiwanis Club of Albuquerque Charitable Foundation

Analysis

Kiwanis Club of Albuquerque Charitable Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 1989, 37 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, Kiwanis Club of Albuquerque Charitable Foundation reported income of $107k and spending of $106k, spending 100% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $57k to $107k (+88%), an average of +88% a year. The sharpest change came in the year to September 2023, when income rose by 88%. Over the whole period it spent 103% 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 Albuquerque Charitable Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 34th percentile within NM. Charities of a similar size with the same main cause include Joplin Scottish Rite Cathedral Preservation Association Inc ($107k), Margaret M Rudolph TR ($107k) and Mid-Iowa Triumph Recovery Center Inc ($107k).

At year end it held assets of $110k against liabilities of $73k, net assets of $37k.