Open Institute International Inc

Analysis

Open Institute International Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2019, 7 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 Institute International Inc reported income of $228k and spending of $217k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $304k to $228k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. 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 Institute International Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 31st percentile within DC. Charities of a similar size with the same main cause include Hope4burundi ($228k), Petros Zoe Initiative USA Incorporated ($228k) and Americans for a Safe Israel Inc ($228k).

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 $114k (53% of expenses). At year end it held assets of $40k against liabilities of $0, net assets of $40k.