Project Open Hand

Analysis

Project Open Hand is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, Project Open Hand reported income of $18.6m and spending of $17.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.2m to $18.6m (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Open Hand sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Sarasota Manatee Jewish Housing Council Inc ($18.6m), Harry and Rose Samson Family Jewish Community Center Inc ($18.6m) and United Help Ukraine ($18.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $894k (5.1% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $13.0m against liabilities of $2.1m, net assets of $10.9m. It reported 167 employees.