Golden Key Center for Exceptionalchildren Inc

Analysis

Golden Key Center for Exceptionalchildren Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in August 2007, 19 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 2024, Golden Key Center for Exceptionalchildren Inc reported income of $4.4m and spending of $4.1m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.1m to $4.4m (+113%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden Key Center for Exceptionalchildren Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Catholic Residential Services ($4.4m), Apple Tree Kids ($4.4m) and Interfaith Community Services Inc ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $239k (5.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $5.4m against liabilities of $631k, net assets of $4.8m. It reported 68 employees.