Open Arms Child Development Center
Analysis
Open Arms Child Development Center is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1941, 85 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Open Arms Child Development Center reported income of $2.0m and spending of $1.6m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.0m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 87% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Arms Child Development Center 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 Safe Homes of Augusta Inc ($2.0m), Service Relief for Hospitality Workers ($2.0m) and Silver & Black Give Back ($2.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $787k. At year end it held assets of $917k against liabilities of $1,150, net assets of $916k. It reported 45 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.2%
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Safe Homes of Augusta Inc | Augusta | $2.0m |
| Service Relief for Hospitality Workers | Columbus | $2.0m |
| Silver & Black Give Back | San Antonio | $2.0m |
| Care to Learn Child Development Center Inc | Philadelphia | $2.0m |