Open Arms Inc

Analysis

Open Arms Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in June 1988, 38 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 June 2023, Open Arms Inc reported income of $2.0m and spending of $1.3m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.0m (+73%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Arms Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Mobilize Love ($2.0m), Disability Network Wayne County- Detroit ($2.0m) and Fannie Battle Day Home for Children Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $911k. At year end it held assets of $1.2m against liabilities of $10k, net assets of $1.2m. It reported 37 employees.