New York Key Club Foundation

Analysis

New York Key Club Foundation is a registered charity in United States, based in Port Jervis, NY. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, 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 March 2024, New York Key Club Foundation reported income of $176k and spending of $182k, spending 103% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $203k to $176k (-13%), an average of -3.5% a year. The sharpest change came in the year to March 2022, when income rose by 305%. 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, New York Key Club Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Thunder Cares ($176k), Greater Pontiac Community Coalition Inc ($176k) and Fort Worth Chamber Development Foundation ($176k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $186k against liabilities of $187k, net assets of -$1,219.