Santa Fe Downtown Kiwanis Foundation

Analysis

Santa Fe Downtown Kiwanis Foundation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in March 2019, 7 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 2023, Santa Fe Downtown Kiwanis Foundation reported income of $128k and spending of $41k, leaving 68% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $19k to $128k (+591%), an average of +590% a year. The sharpest change came in the year to September 2023, when income rose by 591%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Santa Fe Downtown Kiwanis Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within NM. Charities of a similar size with the same main cause include Ficra Building Trust ($128k), Procyon Strong Foundation Inc ($128k) and Genesis Foundation Inc ($128k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.