Key to Hope Inc

Analysis

Key to Hope Inc is a registered charity in United States, based in Vinita, OK. It received its IRS tax-exemption ruling in September 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Key to Hope Inc reported income of $139k and spending of $6,664, leaving 95% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5,000 to $139k (+2675%), an average of +130% a year. The sharpest change came in the year to June 2021, when income rose by 3266%. Over the whole period it spent 1.5% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Key to Hope Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OK. Charities of a similar size with the same main cause include National Young Farmer Educational Association ($139k), Libby Community Interagencies Inc ($139k) and Brockton Symphony Orchestra ($139k).

At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.