Open Gate Learning Foundation

Analysis

Open Gate Learning Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Open Gate Learning Foundation reported income of $926k and spending of $1.0m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $166k to $926k (+457%), an average of +54% a year. The sharpest change came in the year to June 2020, when income dropped by 366%. Over the whole period it spent 187% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Open Gate Learning Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Elh Support Corporation ($925k), Sustained Leaders ($926k) and Highland Community College Foundation ($925k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $14.9m against liabilities of $14.9m, net assets of $82k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.