University City Open Doors Inc

Analysis

University City Open Doors Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, University City Open Doors Inc reported income of $113k and spending of $74k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $146k to $113k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University City Open Doors Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Academic Learning Center ($113k), Albion Community Center Inc ($113k) and Pacesetter Booster Club ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.5% of the total. At year end it held assets of $65k against liabilities of $6,607, net assets of $59k.