Open Sky Community Services Inc

Analysis

Open Sky Community Services Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Sky Community Services Inc reported income of $119.3m and spending of $101.8m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $76.7m to $119.3m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Sky Community Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Catholic Charities Neighborhood Services Inc ($118.9m), Hope of the Valley Rescue Mission ($119.4m) and Young Mens Christian Association of Metropolitan Atlanta Inc ($118.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $596k (0.6% of expenses). Other salaries and wages came to $58.3m. At year end it held assets of $72.0m against liabilities of $35.0m, net assets of $37.0m. It reported 1,561 employees.