Open Doors for Youth

Analysis

Open Doors for Youth is a registered charity in United States, based in Elk River, MN. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Doors for Youth reported income of $280k and spending of $311k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $280k (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Open Doors for Youth sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Marietta Mentoring for Leadership Program ($280k), American Debate League ($280k) and King David Queen Esther Kenya Orphanage Corp ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $76k (24% of expenses). Other salaries and wages came to $77k. At year end it held assets of $213k against liabilities of $3,107, net assets of $210k. It reported 5 employees.