Keys Learning Center Inc

Analysis

Keys Learning Center Inc is a registered charity in United States, based in Key West, FL. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Keys Learning Center Inc reported income of $254k and spending of $241k, spending 95% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $220k to $254k (+16%), an average of +7.5% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Keys Learning Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include The Charitable Childrens Fund of America Inc ($254k), Minneapolis Nature Preschool ($254k) and Great and Small Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $70k (29% of expenses). At year end it held assets of $30k against liabilities of $300, net assets of $29k.