Midlands Open Door

Analysis

Midlands Open Door is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in July 1977, 49 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, Midlands Open Door reported income of $2.5m and spending of $2.0m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.5m (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midlands Open Door sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Dance Institute of Washington Inc ($2.5m), Georgia Mountain Womens Center Inc ($2.5m) and River City Housing Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $78k (3.9% of expenses). Other salaries and wages came to $608k. At year end it held assets of $5.0m against liabilities of $74k, net assets of $5.0m. It reported 32 employees.