Open Information Security Foundation Inc

Analysis

Open Information Security Foundation Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 Information Security Foundation Inc reported income of $1.5m and spending of $1.4m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Open Information Security Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Canton Museum of Art ($1.5m), Asian Hall of Fame ($1.5m) and Gilbert House Childrens Museum Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $97k (7.1% of expenses). Other salaries and wages came to $190k. At year end it held assets of $1.5m against liabilities of $3,720, net assets of $1.5m. It reported 3 employees.