Keys Empowers Inc

Analysis

Keys Empowers Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Keys Empowers Inc reported income of $2.7m and spending of $1.9m, leaving 31% of income unspent that year. Across the 2 years on record, from December 2020 to December 2023, income grew from $655k to $2.7m (+314%), an average of +314% a year. The sharpest change came in the year to December 2023, when income rose by 314%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Keys Empowers Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include Crossroads Urban Center ($2.7m), Hope Helps Inc ($2.7m) and Farmworker Association of Florida Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $870k. At year end it held assets of $892k against liabilities of $54k, net assets of $838k.