Old Town Clovis Kiwanis Foundation

Analysis

Old Town Clovis Kiwanis Foundation is a registered charity in United States, based in Clovis, CA. It received its IRS tax-exemption ruling in July 2009, 17 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, Old Town Clovis Kiwanis Foundation reported income of $122k and spending of $103k, spending 85% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $88k to $122k (+39%), an average of +39% a year. The sharpest change came in the year to September 2023, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Old Town Clovis Kiwanis Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include PTA New York Congress ($122k), Tennessee Elks Benevolent Trust Inc ($122k) and Fenton Village Players of Fenton Michigan ($122k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 23% and program service revenue 34% of the total. At year end it held assets of $115k against liabilities of $1,500, net assets of $114k.