Key West Harry S Truman Foundation Inc

Analysis

Key West Harry S Truman Foundation Inc is a registered charity in United States, based in Key West, FL. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 West Harry S Truman Foundation Inc reported income of $401k and spending of $186k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $401k (+92%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Key West Harry S Truman Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Mars Hill Audio Incorporated ($401k), Peachtree Learning Center ($401k) and Early Music America Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $842k against liabilities of $233k, net assets of $608k.