Open Doors of Asheville Inc

Analysis

Open Doors of Asheville Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Open Doors of Asheville Inc reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to August 2023, income grew from $448k to $1.4m (+204%), an average of +32% a year. The sharpest change came in the year to August 2023, when income rose by 86%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Open Doors of Asheville Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Idiil Learning Foundation ($1.4m), Trinity Resources Unlimited Inc ($1.4m) and Convergence Center for Policy Resolution ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $102k (7.4% of expenses). Other salaries and wages came to $699k. At year end it held assets of $851k against liabilities of $287k, net assets of $565k. It reported 35 employees.