Open School Inc

Analysis

Open School Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 1980, 46 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 2024, Open School Inc reported income of $3.6m and spending of $4.6m, spending 131% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.2m to $3.6m (-15%), an average of -3.1% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Open School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Center for the Study of the International Economy Inc ($3.5m), Dr Lewis Dolphin Stallworth Sr Charter School Inc ($3.6m) and Kipp Philadelphia Octavius Catto Charter School ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $307k (6.6% of expenses). Other salaries and wages came to $2.4m. It paid $99k in professional fundraising fees. At year end it held assets of $7.2m against liabilities of $1.0m, net assets of $6.1m. It reported 75 employees.