North Central Kiwanis Memorial Fund

Analysis

North Central Kiwanis Memorial Fund is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1962, 64 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, North Central Kiwanis Memorial Fund reported income of $176k and spending of $104k, leaving 41% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $123k to $176k (+43%), an average of +19% a year. The sharpest change came in the year to September 2023, when income rose by 56%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Central Kiwanis Memorial Fund sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Family Career and Community Leaders of America Inc ($176k), Chico Area Swim Association Inc ($176k) and Masonic Temple Association of Spokane Washington ($176k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $552k against liabilities of $0, net assets of $552k.