Open Compliance and Ethics Group Inc

Analysis

Open Compliance and Ethics Group Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Open Compliance and Ethics Group Inc reported income of $3.0m and spending of $2.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $3.0m (+114%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Open Compliance and Ethics Group 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 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Harmony Heights School ($3.0m), Ventura College Foundation ($3.0m) and Northeastern Baptist College Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $494k (18% of expenses). Other salaries and wages came to $200k. At year end it held assets of $4.0m against liabilities of $15k, net assets of $4.0m. It reported 4 employees.