Keystone Indemnity Company Ltd

Analysis

Keystone Indemnity Company Ltd is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Keystone Indemnity Company Ltd reported income of $1.4m and spending of $274k, leaving 80% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $756k to $1.4m (+79%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 59%. Over the whole period it spent 20% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Keystone Indemnity Company Ltd sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within VT. Charities of a similar size with the same main cause include Alternatives of Kalamazoo Crises Pregnancy Center ($1.4m), Houston Achievement Place ($1.4m) and New Mainers Public Health Initiative ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 37% of the total. At year end it held assets of $16.5m against liabilities of $3.8m, net assets of $12.7m.