Keep

Analysis

Keep is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Keep reported income of $523k and spending of $524k, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $676k to $523k (-23%), an average of -8.2% a year. The sharpest change came in the year to June 2022, when income rose by 678%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Keep 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 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Tennessee Arts Academy Foundation ($523k), Manitowoc Public School District Foundation ($523k) and Oklahoma Islamic School Foundation ($523k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $119k (23% of expenses). Other salaries and wages came to $299k. At year end it held assets of $24k against liabilities of $0, net assets of $24k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.