Open Door Project

Analysis

Open Door Project is a registered charity in United States, based in Argyle, TX. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Door Project reported income of $222k and spending of $311k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $249k to $222k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Open Door Project sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include International Fellowship for Mission As Transformation-Infemit ($222k), Global Benefit ($222k) and Hogar Infantil Texas Inc ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $37k. At year end it held assets of $621k against liabilities of $51k, net assets of $570k.