Open Arms for Refugees Inc

Analysis

Open Arms for Refugees Inc is a registered charity in United States, based in Scarborough, NY. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Open Arms for Refugees Inc reported income of $194k and spending of $95k, leaving 51% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income fell from $194k to $194k (-0.3%), an average of -0.3% a year. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Arms for Refugees Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Historic Frostburg - a Maryland Main St Community Inc ($194k), Council for Healthy Food Systems ($194k) and 4th Trimester Arizona ($194k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $259k against liabilities of $4,459, net assets of $254k.