Open Door Sports Inc

Analysis

Open Door Sports Inc is a registered charity in United States, based in Kensington, MD. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2024, Open Door Sports Inc reported income of $326k and spending of $225k, leaving 31% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $242k to $326k (+35%), an average of +35% a year. The sharpest change came in the year to August 2024, when income rose by 35%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Open Door Sports Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Dallas Independent Volleyball Association Inc ($325k), Jersey Shore Junior Golf Inc ($326k) and Going Places ($325k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 91% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $74k (33% of expenses). Other salaries and wages came to $29k. It paid $50k in professional fundraising fees. At year end it held assets of $340k against liabilities of $8,899, net assets of $331k. It reported 1 employees.