East Texas Open Door Inc

Analysis

East Texas Open Door Inc is a registered charity in United States, based in Marshall, TX. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, East Texas Open Door Inc reported income of $635k and spending of $750k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $635k (-49%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Texas Open Door Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Ridefinders ($635k), University Avenue Day Care Inc ($635k) and Associates of Chicago Urban Day School ($635k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $41k (5.5% of expenses). Other salaries and wages came to $418k. At year end it held assets of $1.0m against liabilities of $37k, net assets of $998k. It reported 22 employees.