Kept Inc

Analysis

Kept Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2017, 9 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, Kept Inc reported income of $232k and spending of $193k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $232k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kept Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include Texas Valor Project ($232k), Turkic Foundation of Brooklyn Inc ($232k) and Your New Best Friend Dog Rescue Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $16k (8.4% of expenses). Other salaries and wages came to $102k. At year end it held assets of $55k against liabilities of $0, net assets of $55k. It reported 7 employees.