Open Primaries Education Fund

Analysis

Open Primaries Education Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, 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 Primaries Education Fund reported income of $878k and spending of $665k, leaving 24% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $720k to $878k (+22%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 259%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Open Primaries Education Fund sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Rotary Club 29 Foundation ($878k), Downtown Chattanooga Business Improvement District Board ($880k) and West Side Forward NFP ($878k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $364k (55% of expenses). Other salaries and wages came to $46k. At year end it held assets of $1.1m against liabilities of $869k, net assets of $211k. It reported 3 employees.