Open Door Food Pantry Inc

Analysis

Open Door Food Pantry Inc is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in December 1982, 44 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 December 2023, Open Door Food Pantry Inc reported income of $570k and spending of $601k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $651k to $570k (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Open Door Food Pantry Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Economic History Association ($570k), Oceana Senior Housing Corporation ($570k) and PTA Texas Congress ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $34k (5.7% of expenses). At year end it held assets of $160k against liabilities of $0, net assets of $160k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.