Keys 2 Success Inc

Analysis

Keys 2 Success Inc is a registered charity in United States, based in New Providnce, NJ. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Keys 2 Success Inc reported income of $294k and spending of $200k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $204k to $294k (+44%), an average of +44% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Keys 2 Success Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Statline Pregnancy Clinic Inc ($294k), Jewish Relief Agency ($294k) and Just Initiative Inc ($294k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $108k. At year end it held assets of $188k against liabilities of $0, net assets of $188k. It reported 16 employees.