Open Door Libraries

Analysis

Open Door Libraries is a registered charity in United States, based in Auburn, CA. It received its IRS tax-exemption ruling in July 1979, 47 years ago. 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 June 2020, Open Door Libraries reported income of $647k and spending of $711k, spending 110% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income grew from $641k to $647k (+1.1%), an average of +1.1% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Open Door Libraries 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 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Atlanta Contemporary Chinese Academy Corporation ($647k), City Hope St Louis ($647k) and Family Counseling Center of Central Georgia Inc ($647k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (18% of expenses). Other salaries and wages came to $178k. At year end it held assets of $145k against liabilities of $82k, net assets of $63k. It reported 9 employees.