Open Hearts Community Mission Inc

Analysis

Open Hearts Community Mission Inc is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in December 2015, 11 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 2022, Open Hearts Community Mission Inc reported income of $63k and spending of $145k, spending 231% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $135k to $63k (-54%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 72%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Hearts Community Mission Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within GA. Charities of a similar size with the same main cause include Lord Wedgwood Charity ($63k), Respectful Zone Emergency Shelter ($63k) and Welcome Chatham Inc ($63k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 195% of the total. Compensation of current officers, directors and key employees was $76k (52% of expenses). At year end it held assets of $917k against liabilities of $0, net assets of $917k. It reported 2 employees.