Open Doors for Multicultural Families

Analysis

Open Doors for Multicultural Families is a registered charity in United States, based in Kent, WA. It received its IRS tax-exemption ruling in February 2010, 16 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 2023, Open Doors for Multicultural Families reported income of $5.9m and spending of $6.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $5.9m (+104%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Doors for Multicultural Families sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Children and Youth Services Inc ($5.9m), Rural Community Transportation Inc ($5.9m) and Rainbow Community Development Center Inc ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $268k (4.5% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $4.7m against liabilities of $1.3m, net assets of $3.4m. It reported 81 employees.