Moravian Open Door Inc

Analysis

Moravian Open Door Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1964, 62 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Moravian Open Door Inc reported income of $439k and spending of $488k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income fell from $442k to $439k (-0.6%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Moravian 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 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Bexar RHF Housing Inc ($439k), St Josephs Villa Foundation ($439k) and Rebuilding Together North Jersey Inc ($438k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $75k (15% of expenses). Other salaries and wages came to $206k. At year end it held assets of $375k against liabilities of $18k, net assets of $357k. It reported 7 employees.