Keystone Education Center

Analysis

Keystone Education Center is a registered charity in United States, based in Greenville, PA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Keystone Education Center reported income of $5.3m and spending of $4.7m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $5.3m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Keystone Education Center 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 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Consortium of Universities of the Washington Metropolitan Area ($5.3m), Sunshine Charter Academy of Broward Inc ($5.3m) and Virginia Peninsula Community College Educational Foundation ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 76% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $5.1m against liabilities of $5.6m, net assets of -$577k. It reported 60 employees.