Open Trail Inc

Analysis

Open Trail Inc is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Trail Inc reported income of $495k and spending of $424k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $495k (+101%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Trail Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Family Promise of Montgomery County Inc ($494k), Central Outreach Resource and Referral Center ($495k) and Consciousness and Healing Initiative ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $33k (7.8% of expenses). Other salaries and wages came to $104k. At year end it held assets of $233k against liabilities of $98k, net assets of $136k. It reported 5 employees.