Kiwanis Club of Downtown Sparks

Analysis

Kiwanis Club of Downtown Sparks is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Downtown Sparks reported income of $411k and spending of $276k, leaving 33% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $200k to $411k (+105%), an average of +20% a year. The sharpest change came in the year to September 2023, when income rose by 75%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kiwanis Club of Downtown Sparks sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within NV. Charities of a similar size with the same main cause include Commons Center for Food Security & Sustainability ($411k), Black Phoenix Organizing Collective ($411k) and Standupgirl Com Foundation Inc ($411k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $17k. At year end it held assets of $289k against liabilities of $3,219, net assets of $286k.