Open Arms of Fort Pierce Inc

Analysis

Open Arms of Fort Pierce Inc is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in July 1941, 85 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2022, Open Arms of Fort Pierce Inc reported income of $1.2m and spending of $1.0m, spending 83% of its income. Across the 4 years on record, from July 2019 to July 2022, income grew from $1.2m to $1.2m (+4.4%), an average of +1.4% a year. The sharpest change came in the year to July 2022, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Arms of Fort Pierce Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Family Central Child Care Centers Inc ($1.2m), Country Closet Thrift Shop Inc ($1.2m) and Capitol Hill Village ($1.2m).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $482k. At year end it held assets of $746k against liabilities of $1,024, net assets of $745k. It reported 31 employees.