Key Club International

Analysis

Key Club International is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2009, 17 years ago. 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, Key Club International reported income of $2.5m and spending of $2.8m, spending 111% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $2.3m to $2.5m (+7.3%), an average of +2.4% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Key Club International sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Vaad Haarabonim of Queens Inc ($2.5m), Boys & Girls Clubs of El Paso ($2.5m) and Great Plains Family YMCA Incorporated ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $78k (2.8% of expenses). Other salaries and wages came to $465k. At year end it held assets of $2.6m against liabilities of $433k, net assets of $2.1m. It reported 7 employees.