Open Hand Ministry

Analysis

Open Hand Ministry is a registered charity in United States, based in Clearfield, UT. It received its IRS tax-exemption ruling in December 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 Hand Ministry reported income of $100k and spending of $109k, spending 109% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $133k to $100k (-25%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Hand Ministry sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within UT. Charities of a similar size with the same main cause include Ligonier Valley Meals on Wheels ($100k), Eagles Nest Ranch ($100k) and Dialogue on Race Louisiana ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 21% of the total. At year end it held assets of $230k against liabilities of $0, net assets of $230k.