Openaq Inc

Analysis

Openaq Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Openaq Inc reported income of $687k and spending of $720k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $443k to $687k (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Openaq Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Cave Conservancy of the Virginias ($687k), Agricultures Clean Water Alliance ($688k) and Ithaka Land Inc ($687k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $146k (20% of expenses). Other salaries and wages came to $274k. At year end it held assets of $519k against liabilities of $136k, net assets of $383k. It reported 4 employees.