Issaquah Kiwanis Foundation

Analysis

Issaquah Kiwanis Foundation is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in November 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, Issaquah Kiwanis Foundation reported income of $100k and spending of $83k, spending 83% of its income. Across the 3 years on record, from September 2019 to September 2023, income grew from $38k to $100k (+163%), an average of +62% a year. The sharpest change came in the year to September 2023, when income rose by 68%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Issaquah Kiwanis Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within WA. Charities of a similar size with the same main cause include Boys Club of Sylacauga Inc ($100k), Prophet Elias Antiochian Orthodox Church ($100k) and New Focus Somervell County ($100k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $68k against liabilities of $6,328, net assets of $62k.