Keystone State Games Inc

Analysis

Keystone State Games Inc is a registered charity in United States, based in Mountain Top, PA. It received its IRS tax-exemption ruling in August 1982, 44 years ago. 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, Keystone State Games Inc reported income of $274k and spending of $334k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $332k to $274k (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 300%. Over the whole period it spent 137% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Keystone State Games Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Horizon Homes Inc ($274k), International Space Hall of Fame Foundation Inc ($274k) and Little League Baseball Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $9,000 (2.7% of expenses). Other salaries and wages came to $96k. At year end it held assets of $20k against liabilities of $502k, net assets of -$481k.

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.