Open Doors Inc

Analysis

Open Doors Inc is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in August 2008, 18 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 2024, Open Doors Inc reported income of $565k and spending of $627k, spending 111% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $506k to $565k (+12%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 77%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Doors Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Chabad Lubavitch Torah Educational Services ($565k), Illinois Institute for Children Inc ($565k) and Hand Up Foundation ($565k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $270k. At year end it held assets of $280k against liabilities of $20k, net assets of $260k. It reported 18 employees.