Open Doors Inc

Analysis

Open Doors Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Doors Inc reported income of $298k and spending of $289k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $298k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Open Doors Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Victory Outreach of the Capital City Austin ($298k), Mercy House Initiative ($298k) and Jesus Healing Ministry ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $135k (47% of expenses). Other salaries and wages came to $73k. At year end it held assets of $310k against liabilities of $7,606, net assets of $302k. It reported 5 employees.