Tony Open

Analysis

Tony Open is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 December 2022, Tony Open reported income of $79k and spending of $106k, spending 135% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $75k to $79k (+5.3%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tony Open sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include American Society of Addiction Medicine Inc ($79k), Me Strong ($79k) and Redemption Asheville Inc ($79k).

At year end it held assets of $6,421 against liabilities of $0, net assets of $6,421.