Glendale Kiwanis Foundation

Analysis

Glendale Kiwanis Foundation is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in September 1968, 58 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, Glendale Kiwanis Foundation reported income of $143k and spending of $123k, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $190k to $143k (-25%), an average of -6.9% a year. The sharpest change came in the year to September 2023, when income dropped by 41%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glendale Kiwanis Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Foundation for Art and Music in Elementary Education Inc ($143k), Little League Baseball Inc ($143k) and Oregon Fallen Badge Foundation ($143k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.