Key Collegiate Charter School

Analysis

Key Collegiate Charter School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Key Collegiate Charter School reported income of $62k and spending of $71k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $62k (-98%), an average of -63% a year. The sharpest change came in the year to June 2023, when income dropped by 98%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Key Collegiate Charter School sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Marina High School Girls Volleyball Booster Club ($62k), Patriot Athletic Club Inc ($62k) and Nonviolent Schools Ri Inc ($62k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% of the total. Compensation of current officers, directors and key employees was $4,622 (6.6% of expenses). At year end it held assets of $1.3m against liabilities of $1,614, net assets of $1.3m. It reported 22 employees.