Unlocking Doors Inc

Analysis

Unlocking Doors Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Unlocking Doors Inc reported income of $2.2m and spending of $1.3m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.2m (+84%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 103%. Over the whole period it spent 78% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Unlocking Doors Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Save Our Youth Inc ($2.2m), Court Appointed Special Advocates of Santa Barbara County ($2.2m) and Forgotten Man Ministries ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $366k (28% of expenses). Other salaries and wages came to $474k. At year end it held assets of $2.6m against liabilities of $592k, net assets of $2.0m. It reported 13 employees.