Southeast Keller Corporation

Analysis

Southeast Keller Corporation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2022, Southeast Keller Corporation reported income of $579k and spending of $1.1m, spending 193% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.1m to $579k (-72%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southeast Keller Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Downtown Danville Association ($579k), Blake Annex Inc ($580k) and Allapattah Collaborative Community Development Corporation ($579k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $307k (27% of expenses). Other salaries and wages came to $440k. At year end it held assets of $1.9m against liabilities of $40k, net assets of $1.8m. It reported 28 employees.