Open Heart Kitchen of Livermore Incorporated

Analysis

Open Heart Kitchen of Livermore Incorporated is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in February 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Open Heart Kitchen of Livermore Incorporated reported income of $3.3m and spending of $3.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $3.3m (+91%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 184%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Heart Kitchen of Livermore Incorporated 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 90th percentile within CA. Charities of a similar size with the same main cause include Foundation for Inspiration & Recognition Science & Technology I ($3.3m), Karing 4 Kids Foster Family Agency Inc ($3.3m) and Ada Jenkins Families and Careers Development Center Inc ($3.3m).

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. Other salaries and wages came to $1.0m. At year end it held assets of $5.4m against liabilities of $185k, net assets of $5.3m. It reported 35 employees.