Open School

Analysis

Open School is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in January 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Open School reported income of $487k and spending of $443k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $326k to $487k (+49%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Open School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within WY. Charities of a similar size with the same main cause include Kingdom Academy of Bluffton Inc ($487k), Central Indiana Clubhouse NFP Corp ($487k) and West Shore Community College Foundation ($487k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. Other salaries and wages came to $288k. At year end it held assets of $436k against liabilities of $5,315, net assets of $431k. It reported 23 employees.