Open Door Adoption Agency Inc

Analysis

Open Door Adoption Agency Inc is a registered charity in United States, based in Thomasville, GA. It received its IRS tax-exemption ruling in September 1987, 39 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 2023, Open Door Adoption Agency Inc reported income of $1.4m and spending of $1.7m, spending 123% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.5m to $1.4m (-11%), an average of -3.7% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Open Door Adoption Agency Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Adult Life Programs Inc ($1.4m), Paul Carlson Medical Program Inc ($1.4m) and Solo Parent Society ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $136k (8.0% of expenses). Other salaries and wages came to $636k. At year end it held assets of $2.4m against liabilities of $745k, net assets of $1.7m. It reported 29 employees.