Five Keys Schools and Programs

Analysis

Five Keys Schools and Programs is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Five Keys Schools and Programs reported income of $97.0m and spending of $89.8m, spending 93% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $47.0m to $97.0m (+106%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Five Keys Schools and Programs sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Oregon Health and Science University Foundation ($96.9m), Archway Charter School of Chester Inc ($97.0m) and St Marys University of Minnesota ($96.9m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2.7m (3.0% of expenses). Other salaries and wages came to $49.4m. At year end it held assets of $50.5m against liabilities of $18.5m, net assets of $32.0m. It reported 1,465 employees.