The Open Shelter Inc

Analysis

The Open Shelter Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 1982, 44 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 2023, The Open Shelter Inc reported income of $362k and spending of $410k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $362k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Open Shelter Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Dallas Life Support Corporation ($362k), Family Promise-Salt Lake ($362k) and Optage Inc ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $49k (12% of expenses). Other salaries and wages came to $103k. At year end it held assets of $506k against liabilities of $145k, net assets of $361k. It reported 9 employees.