Open Door C O G I C

Analysis

Open Door C O G I C is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Open Door C O G I C reported income of $382k and spending of $410k, spending 107% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $237k to $382k (+61%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Open Door C O G I C 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 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include First Baptist Church of Covington Foundation Inc ($382k), Campus Clubs Inc ($382k) and Jim Ryun Ministries Inc ($382k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $291k against liabilities of $177k, net assets of $114k.