Open Communities Alliance
Analysis
Open Communities Alliance is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Communities Alliance reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $587k to $1.2m (+100%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Open Communities Alliance sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include Kato Public Charter School ($1.2m), Indiana Afterschool Network ($1.2m) and Orange Education Foundation Inc ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $163k (15% of expenses). Other salaries and wages came to $407k. At year end it held assets of $661k against liabilities of $113k, net assets of $548k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kato Public Charter School | Mankato | $1.2m |
| Indiana Afterschool Network | Indianapolis | $1.2m |
| Orange Education Foundation Inc | Orange | $1.2m |
| Primary Years Inc | Austin | $1.2m |