Open Employment Inc

Analysis

Open Employment Inc is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Employment Inc reported income of $296k and spending of $295k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $219k to $296k (+35%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Open Employment Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Houghton Jones Neighborhood Task Force Inc ($296k), Families First of Monroe County Inc ($297k) and Chris White Community Development Corporation ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $105k (36% of expenses). Other salaries and wages came to $117k. At year end it held assets of $46k against liabilities of -$134, net assets of $46k. It reported 16 employees.