Murwood Keyspot Inc

Analysis

Murwood Keyspot Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2024, Murwood Keyspot Inc reported income of $828k and spending of $813k, spending 98% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $696k to $828k (+19%), an average of +3.5% a year. The sharpest change came in the year to August 2024, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Murwood Keyspot Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Hope Starts Here Food Bank ($828k), Washington County Mini Bus Inc ($828k) and Logan Community Day Care Association Inc ($827k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Other salaries and wages came to $557k. At year end it held assets of $443k against liabilities of $6,880, net assets of $436k. It reported 24 employees.