Eastland County Open Door

Analysis

Eastland County Open Door is a registered charity in United States, based in Cisco, TX. It received its IRS tax-exemption ruling in June 2008, 18 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 December 2023, Eastland County Open Door reported income of $1.2m and spending of $1.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $748k to $1.2m (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastland County Open Door 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 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Indiana Destination Development Foundation Inc ($1.2m), Kaw Valley Soccer Association ($1.2m) and Handweavers Guild of America Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $186k (17% of expenses). Other salaries and wages came to $443k. At year end it held assets of $2.8m against liabilities of $130k, net assets of $2.6m.