Keyah Advanced Rural Manufacturing Alliance

Analysis

Keyah Advanced Rural Manufacturing Alliance is a registered charity in United States, based in Church Rock, NM. It received its IRS tax-exemption ruling in January 2021, 5 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 (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, Keyah Advanced Rural Manufacturing Alliance reported income of $357k and spending of $323k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $20k to $357k (+1681%), an average of +322% a year. The sharpest change came in the year to December 2022, when income rose by 955%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Keyah Advanced Rural Manufacturing Alliance sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within NM. Charities of a similar size with the same main cause include Ozark Sheltered Industries Incorporated ($357k), Conference of Western Wayne ($357k) and Austin African American Business Network NFP ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (14% of expenses). Other salaries and wages came to $56k. At year end it held assets of $245k against liabilities of $198k, net assets of $48k. It reported 3 employees.