Key Peninsula Civic Center Association

Analysis

Key Peninsula Civic Center Association is a registered charity in United States, based in Vaughn, WA. It received its IRS tax-exemption ruling in March 1976, 50 years ago. 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, Key Peninsula Civic Center Association reported income of $176k and spending of $268k, spending 153% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $381k to $176k (-54%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Key Peninsula Civic Center Association sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Church Growth Ministries ($176k), Clark Fork Valley Ambulance Service Inc ($176k) and Point Township Fire Co ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 17% of the total. At year end it held assets of $432k against liabilities of $20k, net assets of $412k.