Open Fields Inc

Analysis

Open Fields Inc is a registered charity in United States, based in Thetford, VT. It received its IRS tax-exemption ruling in June 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Open Fields Inc reported income of $141k and spending of $158k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $152k to $141k (-6.9%), an average of -1.8% a year. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Open Fields Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 36th percentile within VT. Charities of a similar size with the same main cause include Pierpont Foundation Inc ($141k), Lifeworks Charitable Foundation ($141k) and Wyoming Free Library ($141k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $4,200 (2.7% of expenses). Other salaries and wages came to $90k. At year end it held assets of $659k against liabilities of $3,762, net assets of $656k. It reported 5 employees.