Key West Military Affairs Committee Inc
Analysis
Key West Military Affairs Committee Inc is a registered charity in United States, based in Key West, FL. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Key West Military Affairs Committee Inc reported income of $228k and spending of $183k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $229k to $228k (-0.6%), an average of -0.6% a year. Over the whole period it spent 71% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Key West Military Affairs Committee Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Eli House Mission ($228k), New Orleans Childrens Chorus ($228k) and Association of Fundraising Professionals ($228k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $266k against liabilities of $1,422, net assets of $264k.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Program services 43%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Eli House Mission | Hartville | $228k |
| New Orleans Childrens Chorus | New Orleans | $228k |
| Association of Fundraising Professionals | Arlington | $228k |
| The Original Project Team Foundation Inc | Memphis | $228k |