Keen Ager Corporation
Analysis
Keen Ager Corporation is a registered charity in United States, based in Wakefield, MI. It received its IRS tax-exemption ruling in April 2025. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2020, Keen Ager Corporation reported income of $431k and spending of $398k, spending 92% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $382k to $431k (+13%), an average of +13% a year. Over the whole period it spent 95% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Keen Ager Corporation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Parker Home and Associates ($431k), Riviera Hotel Inc ($431k) and Casa Dorada Inc ($431k).
On its Form 990 for the period ending December 2020, revenue came from contributions and grants 0.3% and program service revenue 91% of the total. Other salaries and wages came to $185k. At year end it held assets of $150k against liabilities of $1,243, net assets of $149k. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.3%
- Program services 91%
- Other 8.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Parker Home and Associates | Pittsburg | $431k |
| Riviera Hotel Inc | Santa Barbara | $431k |
| Casa Dorada Inc | Ponce | $431k |
| Menorah Park Group Residences Inc | Fayetteville | $431k |