Keep America Beautiful Inc

Analysis

Keep America Beautiful Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in October 1955, 71 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Keep America Beautiful Inc reported income of $7.0m and spending of $8.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.8m to $7.0m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 112% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Keep America Beautiful Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Frederik Meijer Gardens and Sculpture Foundation ($7.0m), Mighty Earth Inc ($7.0m) and Genesee Land Trust Inc ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $342k (4.2% of expenses). Other salaries and wages came to $2.4m. It paid $25k in professional fundraising fees. At year end it held assets of $6.1m against liabilities of $2.9m, net assets of $3.2m. It reported 28 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.