Open Aid Alliance

Analysis

Open Aid Alliance is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in October 1993, 33 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 Aid Alliance reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $883k to $1.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Open Aid Alliance sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within MT. Charities of a similar size with the same main cause include Safehouse Services ($1.2m), National Institute for Learning Development Inc ($1.2m) and Ursuline Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $57k (4.8% of expenses). Other salaries and wages came to $512k. At year end it held assets of $96k against liabilities of $94k, net assets of $1,403. It reported 21 employees.