Opendor Media Inc

Analysis

Opendor Media Inc is a registered charity in United States, based in Sunrise, FL. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Opendor Media Inc reported income of $10.6m and spending of $8.0m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $10.6m (+128%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Opendor Media Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Teen Challenge Job Training Inc ($10.6m), Barnabas Foundation Inc ($10.6m) and Camp Hasc Inc ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $1.3m (16% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $13.2m against liabilities of $671k, net assets of $12.5m. It reported 24 employees.