Open Door Ministries of Mount Pleasant

Analysis

Open Door Ministries of Mount Pleasant is a registered charity in United States, based in Moncks Corner, SC. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Open Door Ministries of Mount Pleasant reported income of $266k and spending of $245k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $266k (+197%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 130%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Open Door Ministries of Mount Pleasant 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 59th percentile, and in the 64th percentile within SC. Charities of a similar size with the same main cause include Heart of the Father Ministries International ($266k), Wccm-Usa Ltd Corporation ($266k) and Enduring Treasure Ministries Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $50k. At year end it held assets of $893k against liabilities of $1.1m, net assets of -$185k. It reported 6 employees.