Open Communities

Analysis

Open Communities is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in January 1978, 48 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 June 2023, Open Communities reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $683k to $1.2m (+78%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 114%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Open Communities sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include East Brunswick Community Housing Corporation Inc ($1.2m), Mars Housing Inc ($1.2m) and Alliance of Casa LA Linda Corporation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $812k. At year end it held assets of $1.8m against liabilities of $515k, net assets of $1.3m. It reported 30 employees.