Key Peninsula Community Services

Analysis

Key Peninsula Community Services is a registered charity in United States, based in Lakebay, WA. It received its IRS tax-exemption ruling in January 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Community Services reported income of $612k and spending of $541k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $612k (+149%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 113%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Key Peninsula Community Services sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Yad Dovid Inc ($612k), Slippery Fish Initiative Inc ($612k) and Middlebury Day Care Ministry ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $290k (53% of expenses). Other salaries and wages came to $7,067. At year end it held assets of $737k against liabilities of $1,667, net assets of $736k. It reported 13 employees.