Putney Open Door Fund Inc

Analysis

Putney Open Door Fund Inc is a registered charity in United States, based in Putney, VT. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Putney Open Door Fund Inc reported income of $328k and spending of $338k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $339k to $328k (-3.1%), an average of -1.5% a year. Over the whole period it spent 66% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Putney Open Door Fund Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 56th percentile within VT. Charities of a similar size with the same main cause include Lighthouse Mission Ministries Foundation ($328k), Habitat for Humanity International Inc ($329k) and O Keefe Garden Brook Apartments Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $721k against liabilities of $0, net assets of $721k.