Grant Keime Memorial Trust

Analysis

Grant Keime Memorial Trust is a registered charity in United States, based in Lewistown, IL. It received its IRS tax-exemption ruling in March 1977, 49 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grant Keime Memorial Trust reported income of $347k and spending of $340k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $347k (+4.6%), an average of +1.1% a year. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grant Keime Memorial Trust sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Young Peoples Symphony Orchestra Association ($346k), Stockton Civic Association Volunteer Fire Dept ($347k) and Seattle Fishermen S Memorial ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. Compensation of current officers, directors and key employees was $86k (25% of expenses). At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.