Mission Statement
Spare Key’s mission is to provide financial assistance to families with a critically ill or seriously injured family member. No matter the illness, no matter the injury, no matter the income. We help families “Bounce and Not Break” through our Help Me Bounce platform, harnessing the power of crowdfunding to connect thousands of families directly to donors. We are committed to helping families stay by their loved one’s side by relieving the stress, anxiety and financial burden that comes with a medical crisis.
Financial Overview — FY 2023
$892K
Total Revenue
$788K
Total Expenses
$716K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.6%
Fundraising Efficiency
0.0%
Operating Reserve
10.91x
Liability-to-Asset
7.5%
Revenue Diversification
122.2%
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Families supported in 2023 | 273 | $933.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $892K | $788K | $716K | 88.6% | 4 |
| 2022 | $998K | $953K | N/A | — | 7 |
| 2021 | $831K | $867K | N/A | — | 8 |
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