Open Roads Academy Inc

Analysis

Open Roads Academy Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in June 2002, 24 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 Roads Academy Inc reported income of $308k and spending of $329k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $341k to $308k (-9.7%), an average of -9.7% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Open Roads Academy Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Cyclone Gridiron Club Inc ($308k), Return of the Masterminds Inc ($308k) and Well Beyond Academics Inc ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $119k against liabilities of $7,928, net assets of $111k.