Key Ministry Foundation

Analysis

Key Ministry Foundation is a registered charity in United States, based in Westlake, OH. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Key Ministry Foundation reported income of $96k and spending of $103k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $96k (+35%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Key Ministry Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include Abide Worldwide ($96k), Chua Quan Am Kansas City Buddhist Association ($96k) and Hero Revolution Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. At year end it held assets of $59k against liabilities of $2,522, net assets of $57k.