The Open Link Inc

Analysis

The Open Link Inc is a registered charity in United States, based in Pennsburg, PA. It received its IRS tax-exemption ruling in February 1982, 44 years ago. 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, The Open Link Inc reported income of $1.3m and spending of $1.5m, spending 120% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.0m to $1.3m (+23%), an average of +4.3% a year. The sharpest change came in the year to June 2020, when income rose by 79%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Open Link Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include SCM Community Transportation Inc ($1.3m), Lone Star Ballet Inc ($1.3m) and Green River Volunteer Fire & Rescue Department Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $65k (4.3% of expenses). Other salaries and wages came to $617k. At year end it held assets of $2.3m against liabilities of $117k, net assets of $2.2m. It reported 24 employees.