Nacel Open Door Inc

Analysis

Nacel Open Door Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nacel Open Door Inc reported income of $4.1m and spending of $4.1m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $12.1m to $4.1m (-66%), an average of -19% a year. The sharpest change came in the year to June 2021, when income dropped by 69%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Nacel Open Door Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Oxford University Development North America Inc ($4.1m), The Advocates for Human Rights ($4.2m) and Mentors International ($4.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $115k (2.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.6m against liabilities of $1.7m, net assets of $965k. It reported 21 employees.