Open Your Heart Inc

Analysis

Open Your Heart Inc is a registered charity in United States, based in Chillicothe, OH. It received its IRS tax-exemption ruling in April 1974, 52 years ago. 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 June 2024, Open Your Heart Inc reported income of $225k and spending of $93k, leaving 59% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $214k to $225k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Open Your Heart Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include The Cortez Center Inc ($225k), Bridgton Historical Society ($225k) and Society of St Vincent de Paul ($225k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (52% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 1 employees.