Open Up Resources
Analysis
Open Up Resources is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in October 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 Up Resources reported income of $24.5m and spending of $22.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.0m to $24.5m (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 84% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Open Up Resources sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include School Lane Charter School ($24.3m), Synapse School ($24.5m) and Accel ($24.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $1.5m (6.9% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $60.0m against liabilities of $39.1m, net assets of $20.9m. It reported 66 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.0%
- Program services 18%
- Other 82%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| School Lane Charter School | Bensalem | $24.3m |
| Synapse School | Menlo Park | $24.5m |
| Accel | Phoenix | $24.3m |
| Montana Higher Education Student Assistance Corporation | Helena | $24.5m |