Mayville Open Door Inc

Analysis

Mayville Open Door Inc is a registered charity in United States, based in Mayville, WI. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mayville Open Door Inc reported income of $265k and spending of $287k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $154k to $265k (+72%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mayville Open Door Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include Plush Meadow Senior Housing Corporation ($265k), Feeding Colorado ($265k) and Hope Ventures Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. Other salaries and wages came to $144k. It paid $7,571 in professional fundraising fees. At year end it held assets of $485k against liabilities of $399k, net assets of $87k. It reported 28 employees.