Giving Keys of Hope

Analysis

Giving Keys of Hope is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Giving Keys of Hope reported income of $93k and spending of $100k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $93k (+0.2%), an average of +0.2% a year. Over the whole period it spent 121% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Giving Keys of Hope sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Bell County Cattle Crew ($93k), Bighope ($93k) and Little League Baseball Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.