Keystone Deaf and Hard of Hearing Services

Analysis

Keystone Deaf and Hard of Hearing Services is a registered charity in United States, based in Wyomissing, PA. It received its IRS tax-exemption ruling in April 1969, 57 years ago. 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 Deaf and Hard of Hearing Services reported income of $2.5m and spending of $2.1m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.5m (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Keystone Deaf and Hard of Hearing Services sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Capital Region Minority Supplier Development Council Inc ($2.5m), St Francis Community Services ($2.5m) and Arrupe Corporate Work Study Program ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $110k (5.2% of expenses). Other salaries and wages came to $370k. At year end it held assets of $1.2m against liabilities of $341k, net assets of $898k. It reported 9 employees.