Keatons Place

Analysis

Keatons Place is a registered charity in United States, based in Asheboro, NC. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Keatons Place reported income of $462k and spending of $167k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $234k to $462k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 35% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Keatons Place sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Twenty Four Hour Club of Naples Inc ($462k), Pasadena Guild of Childrens Hospital of Los Angeles ($462k) and Albert Schweitzer Fellowship Houston-Galveston ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $78k (47% of expenses). At year end it held assets of $476k against liabilities of $1,049, net assets of $475k. It reported 3 employees.