Port Townsend Kiwanis Charitable Trust

Analysis

Port Townsend Kiwanis Charitable Trust is a registered charity in United States, based in Port Townsend, WA. It received its IRS tax-exemption ruling in September 1994, 32 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, Port Townsend Kiwanis Charitable Trust reported income of $78k and spending of $75k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $86k to $78k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to September 2022, when income rose by 238%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Port Townsend Kiwanis Charitable Trust sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 25th percentile within WA. Charities of a similar size with the same main cause include St Louis Cultural Flamenco Society Inc ($78k), Guide Right Foundation of Dallas Inc ($78k) and Clan Donald Foundation Inc ($78k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $570k against liabilities of $150, net assets of $570k.