Kiwanis Club of Redlands Foundation

Analysis

Kiwanis Club of Redlands Foundation is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in March 1982, 44 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, Kiwanis Club of Redlands Foundation reported income of $104k and spending of $70k, leaving 33% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $79k to $104k (+33%), an average of +7.3% a year. The sharpest change came in the year to September 2022, when income rose by 132%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kiwanis Club of Redlands Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Rauch Foundation ($104k), Veterans Strong Community Center Inc ($104k) and Edge of the Wilderness Community Center ($104k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.