Open Arms Home for Children Inc

Analysis

Open Arms Home for Children Inc is a registered charity in United States, based in Litchfield PK, AZ. It received its IRS tax-exemption ruling in May 2006, 20 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, Open Arms Home for Children Inc reported income of $1.2m and spending of $883k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $838k to $1.2m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Arms Home for Children Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Church of the Saviour Early Learning Center ($1.2m), Daviess County Family YMCA Inc ($1.2m) and Oregon Association of Relief Nurseries ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $376k. At year end it held assets of $3.1m against liabilities of $42k, net assets of $3.0m.