Keystone Independence Management

Analysis

Keystone Independence Management is a registered charity in United States, based in Hermitage, PA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Keystone Independence Management reported income of $3.6m and spending of $3.4m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $3.6m (+14%), an average of +3.3% a year. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Keystone Independence Management sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Heart to Hand Inc ($3.6m), Hydrocephalus Association Incorporated ($3.6m) and Northeast Iowa Mental Health Center ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $334k (9.9% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $741k against liabilities of $181k, net assets of $561k. It reported 44 employees.