Open Hearts and Homes for Children
Analysis
Open Hearts and Homes for Children is a registered charity in United States, based in Clarks Summit, PA. It received its IRS tax-exemption ruling in December 2024, 2 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2019, Open Hearts and Homes for Children reported income of $620k and spending of $643k, spending 104% of its income. Across the 2 years on record, from December 2018 to December 2019, income fell from $704k to $620k (-12%), an average of -12% a year. Over the whole period it spent 92% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Open Hearts and Homes for Children sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include South Whidbey Homeless Coalition ($620k), Mhany Dumont Housing Development Fund Corporation ($620k) and Northwest Communities Development Corporation ($620k).
On its Form 990 for the period ending December 2019, revenue came from contributions and grants 99% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Whidbey Homeless Coalition | Langley | $620k |
| Mhany Dumont Housing Development Fund Corporation | Brooklyn | $620k |
| Northwest Communities Development Corporation | Independence | $620k |
| The Salvation Army Lake View Terrace Residences Inc | RCH Palos VRD | $620k |