Open Door International Inc

Analysis

Open Door International Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in August 1982, 44 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 2022, Open Door International Inc reported income of $689k and spending of $663k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $798k to $689k (-14%), an average of -4.8% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Door International Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Hearts for Homes ($689k), Life & Family Educational TR ($689k) and Adoption Advocates Inc ($689k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $100k (15% of expenses). Other salaries and wages came to $164k. At year end it held assets of $209k against liabilities of $242k, net assets of -$33k. It reported 15 employees.