Openintro Inc

Analysis

Openintro Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in November 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, Openintro Inc reported income of $52k and spending of $32k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $52k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 32% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Openintro Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within DE. Charities of a similar size with the same main cause include Project Friendship ($52k), Advocates for Success in Africa ($52k) and Clarke Cares Foundation ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 4.1% of the total. At year end it held assets of $286k against liabilities of $775, net assets of $285k.