Open Arms Housing Inc

Analysis

Open Arms Housing Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Open Arms Housing Inc reported income of $2.4m and spending of $2.6m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $2.4m (+139%), an average of +24% a year. The sharpest change came in the year to September 2022, when income rose by 61%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Arms Housing Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 69th percentile within DC. Charities of a similar size with the same main cause include Engstrom Services Inc ($2.4m), National Association of Farmers Market Nutrition Programs ($2.4m) and Neighborhood House of Milwaukee Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $1.7m. It paid $1,800 in professional fundraising fees. At year end it held assets of $2.9m against liabilities of $2.1m, net assets of $796k. It reported 49 employees.