Open Door Ministries Inc

Analysis

Open Door Ministries Inc is a registered charity in United States, based in Canton, MI. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Open Door Ministries Inc reported income of $177k and spending of $154k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $177k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. 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 Door Ministries Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Hometown Resource Center ($177k), Belpre Area Ministries Inc ($177k) and Friends of Francois ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $302k against liabilities of $0, net assets of $302k.