Keiro Services

Analysis

Keiro Services is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1989, 37 years ago. Its declared purposes cover health care, 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 October 2023, Keiro Services reported income of $8.2m and spending of $4.6m, leaving 43% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.0m to $8.2m (+710%), an average of +69% a year. The sharpest change came in the year to October 2023, when income rose by 417%. Over the whole period it spent 158% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Keiro Services sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Rose Hill Center Inc ($8.2m), Coastal Community Health Services Inc ($8.2m) and New York Hospital Cornell Medical Center Fund Inc ($8.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $590k (13% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $85.0m against liabilities of $950k, net assets of $84.1m. It reported 21 employees.