Kiwanis Club of West San Jose Foundation Inc

Analysis

Kiwanis Club of West San Jose Foundation Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 1999, 27 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 December 2023, Kiwanis Club of West San Jose Foundation Inc reported income of $51k and spending of $73k, spending 144% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $55k to $51k (-7.4%), an average of -3.8% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kiwanis Club of West San Jose Foundation Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Nebraska Association of Area Agencies on Aging Inc ($51k), Faith in Action with El Salvador ($51k) and Friends Community Social Club Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 45% of the total. At year end it held assets of $265k against liabilities of $0, net assets of $265k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.