Keystone Opportunity Center Inc

Analysis

Keystone Opportunity Center Inc is a registered charity in United States, based in Souderton, PA. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Keystone Opportunity Center Inc reported income of $2.6m and spending of $2.8m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.6m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Keystone Opportunity Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Georgia Infirmary Non Profit Housing Corporation ($2.6m), Mohawk Valley Community College Dormitory Corp ($2.6m) and Habitat for Humanity International Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $109k (4.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.8m against liabilities of $302k, net assets of $2.5m. It reported 40 employees.