Open Door Health Services Inc

Analysis

Open Door Health Services Inc is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Open Door Health Services Inc reported income of $24.2m and spending of $25.4m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.3m to $24.2m (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Open Door Health Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Butte Silver Bow Primary Health Care Clinic Inc ($24.2m), Windrose Health Network Inc ($24.2m) and Peconic Cardiology PC ($24.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $664k (2.6% of expenses). Other salaries and wages came to $13.5m. At year end it held assets of $20.1m against liabilities of $5.1m, net assets of $15.0m. It reported 303 employees.