Opening Doors for Women in Need

Analysis

Opening Doors for Women in Need is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 2004, 22 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 December 2023, Opening Doors for Women in Need reported income of $288k and spending of $187k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $288k (+103%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opening Doors for Women in Need sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Hearts of Christ Childrens Ministry ($288k), Blankets of Hope Inc ($288k) and 4 N I N E Place ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $44k (24% of expenses). Other salaries and wages came to $54k. At year end it held assets of $749k against liabilities of $4,183, net assets of $745k. It reported 3 employees.