Open Source Project for a Network

Analysis

Open Source Project for a Network is a registered charity in United States, based in Saunderstown, RI. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Open Source Project for a Network reported income of $1.2m and spending of $975k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $667k to $1.2m (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Open Source Project for a Network sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within RI. Charities of a similar size with the same main cause include Rohingya Culture Center ($1.2m), National Alliance for Musical Theatre Inc ($1.2m) and Artisanworks and Events Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $385k (39% of expenses). Other salaries and wages came to $303k. At year end it held assets of $1.2m against liabilities of $60k, net assets of $1.1m. It reported 6 employees.