Operation Keepsake Inc

Analysis

Operation Keepsake Inc is a registered charity in United States, based in Twinsburg, OH. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Operation Keepsake Inc reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $833k to $1.0m (+20%), an average of +4.8% a year. The sharpest change came in the year to September 2021, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Keepsake Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Premier Adoption Agency ($1.0m), Colorado Food Cluster Inc ($1.0m) and Metro Relief ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $80k (7.5% of expenses). Other salaries and wages came to $591k. At year end it held assets of $351k against liabilities of $5,756, net assets of $345k. It reported 19 employees.