Kee to Independent Growth

Analysis

Kee to Independent Growth is a registered charity in United States, based in Ballston Spa, NY. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kee to Independent Growth reported income of $3.7m and spending of $3.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.7m (+230%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kee to Independent Growth sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Young Mens Christian Association ($3.7m), Community Connections Inc ($3.7m) and Captain Community Human Services Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $337k (11% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.5m against liabilities of $168k, net assets of $2.3m. It reported 71 employees.