The Keystone Project Inc

Analysis

The Keystone Project Inc is a registered charity in United States, based in Keystone, SD. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Keystone Project Inc reported income of $520k and spending of $716k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $924k to $520k (-44%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 132% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Keystone Project Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within SD. Charities of a similar size with the same main cause include Kidz Blitz Ministries Inc ($520k), Ron Teal Ministries Inc ($521k) and Sean Smith Ministries Inc ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. Other salaries and wages came to $339k. At year end it held assets of $6.4m against liabilities of $36k, net assets of $6.4m. It reported 10 employees.