Keystone Space Collaborative

Analysis

Keystone Space Collaborative is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. 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, Keystone Space Collaborative reported income of $904k and spending of $587k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $271k to $904k (+234%), an average of +234% a year. The sharpest change came in the year to June 2023, when income rose by 234%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Keystone Space Collaborative sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Mt Lebanon Montessori School Inc ($904k), Oneonta Community Christian School ($904k) and Theatre Atchison Inc ($904k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $62k. At year end it held assets of $629k against liabilities of $169k, net assets of $460k. It reported 1 employees.