Keystone House Inc

Analysis

Keystone House Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Keystone House Inc reported income of $3.3m and spending of $2.8m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.9m to $3.3m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2023, when income rose by 97%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Keystone House Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include Planned Parenthood of Arkansas and Eastern Oklahoma Inc ($3.3m), Florida Keys Area Health Education Center Program Inc ($3.3m) and Community Psychiatric Institute ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $156k (5.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.1m against liabilities of $1.8m, net assets of $4.4m. It reported 55 employees.