Open Doors Community and Economic Development Corporation

Analysis

Open Doors Community and Economic Development Corporation is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Doors Community and Economic Development Corporation reported income of $173k and spending of $162k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $302k to $173k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Open Doors Community and Economic Development Corporation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Tranquilidad Foundation ($173k), Working for Worcester Inc ($173k) and Bless Vietnam Initiative ($173k).

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 $33k (20% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.