Key Community Housing

Analysis

Key Community Housing is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Key Community Housing reported income of $1.0m and spending of $974k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.0m (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Key Community Housing 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 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Danas House Inc ($1.0m), Liberty Hill Housing Corporation ($1.0m) and Helping Hands Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Other salaries and wages came to $191k. At year end it held assets of $12.1m against liabilities of $7.2m, net assets of $4.9m. It reported 3 employees.