Spokane Kiwanis Charities

Analysis

Spokane Kiwanis Charities is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in March 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Spokane Kiwanis Charities reported income of $85k and spending of $50k, leaving 41% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $52k to $85k (+65%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 64%. 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, Spokane Kiwanis Charities sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within WA. Charities of a similar size with the same main cause include Stow Community Chest Incorporated ($85k), Royal Palm Ministries Inc ($85k) and Racine Arts Council Inc ($85k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $761k against liabilities of $0, net assets of $761k.