Keystone Progress Education Fund

Analysis

Keystone Progress Education Fund is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 Progress Education Fund reported income of $253k and spending of $220k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $537k to $253k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 96% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Keystone Progress Education Fund sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Wilmington Youth Rowing Association ($253k), Fair Wisconsin Education Fund Inc ($254k) and Center for Self Advocacy Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $79k (36% of expenses). Other salaries and wages came to $47k. At year end it held assets of $374k against liabilities of $6,216, net assets of $368k. It reported 2 employees.