Longfellow Key

Analysis

Longfellow Key is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in May 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Longfellow Key reported income of $291k and spending of $258k, spending 89% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $240k to $291k (+21%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Longfellow Key sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Little League Baseball Inc ($291k), The Michael O Neal Singers Inc ($291k) and National Church Residences of ($291k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.6% and program service revenue 90% of the total. Other salaries and wages came to $179k. At year end it held assets of $219k against liabilities of $31k, net assets of $188k. It reported 31 employees.