Open Notebook Inc

Analysis

Open Notebook Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Notebook Inc reported income of $463k and spending of $469k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $256k to $463k (+81%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Open Notebook Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Emlenton Area Ambulance Service ($463k), Compassion Parochial Clinic ($463k) and Compassion Pregnancy Centers ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $111k (24% of expenses). At year end it held assets of $515k against liabilities of $27k, net assets of $488k.