Keeps Inc

Analysis

Keeps Inc is a registered charity in United States, based in Mamaroneck, NY. It received its IRS tax-exemption ruling in April 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Keeps Inc reported income of $217k and spending of $257k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $291k to $217k (-25%), an average of -7.1% a year. The sharpest change came in the year to June 2022, when income rose by 333%. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Keeps Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Be a Friend Project Inc ($217k), Hooser Gym Community Center of Knightstown Inc ($217k) and Meeting Place One Inc ($217k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $87k (34% of expenses). Other salaries and wages came to $94k. At year end it held assets of $63k against liabilities of $148k, net assets of -$85k. It reported 7 employees.