Open Door Family Life Center Inc

Analysis

Open Door Family Life Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Door Family Life Center Inc reported income of $54k and spending of $55k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $54k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Open Door Family Life Center Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Revelas Family Foundation Inc ($54k), Buchanan Center Inc ($54k) and Rotary District 5400 Charitable Programs Inc ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 171% of the total. Compensation of current officers, directors and key employees was $31k (55% of expenses). Other salaries and wages came to $4,855. At year end it held assets of $57k against liabilities of $1,410, net assets of $56k. It reported 1 employees.