Key Point Health Services Inc

Analysis

Key Point Health Services Inc is a registered charity in United States, based in Aberdeen, MD. It received its IRS tax-exemption ruling in July 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Key Point Health Services Inc reported income of $17.6m and spending of $17.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.9m to $17.6m (-6.9%), an average of -1.8% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Key Point Health Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include St George Village-Catholic Community Retirement Center ($17.6m), Port of Miami Crane Management Inc ($17.6m) and League School ($17.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $470k (2.7% of expenses). Other salaries and wages came to $10.1m. At year end it held assets of $15.9m against liabilities of $8.9m, net assets of $6.9m. It reported 323 employees.