Open Line Group Homes Inc

Analysis

Open Line Group Homes Inc is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Line Group Homes Inc reported income of $2.2m and spending of $2.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.2m (+20%), an average of +4.7% a year. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Open Line Group Homes Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Arkansas Research Alliance ($2.2m), Lead-Chs Foundation ($2.2m) and Occupational Development Center Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $200k against liabilities of $341k, net assets of -$141k.