Open Contracting Partnership

Analysis

Open Contracting Partnership is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Contracting Partnership reported income of $8.0m and spending of $6.3m, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $4.7m to $8.0m (+71%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Open Contracting Partnership sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 85th percentile within DC. Charities of a similar size with the same main cause include Hazleton Health & Wellness Center ($8.0m), Prairie Manor Inc ($8.0m) and Community Memorial Hospital Inc ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $548k (8.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.0m against liabilities of $109k, net assets of $2.9m. It reported 10 employees.