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Open Door Network

RegisteredEIN 95-3604240Bakersfield, CAPoverty relief
Income$24.7m2024-06
Spending$22.7msame year
Spent / received94%6-year average
Size in its cause97th pctPoverty relief
Exempt since1982Publicly supported organisat
Employees436latest return

Analysis

Open Door Network is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in January 1982, 44 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 June 2024, Open Door Network reported income of $24.7m and spending of $22.7m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.0m to $24.7m (+722%), an average of +52% a year. The sharpest change came in the year to June 2023, when income rose by 549%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Door Network sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Beaverbrook Step Inc ($24.6m), Urban League of Portland ($24.7m) and Pony Bird Incorporated ($24.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $146k (0.6% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $18.0m against liabilities of $1.8m, net assets of $16.2m. It reported 436 employees.

Income and spending

$0$6.2m$12.3m$18.5m$24.7m2019 Income: $3,001,9192019 Spending: $3,076,93620192020 Income: $3,311,7012020 Spending: $3,234,65620202021 Income: $3,180,5112021 Spending: $3,183,43420212022 Income: $3,370,9142022 Spending: $3,241,17220222023 Income: $21,886,4872023 Spending: $20,229,66520232024 Income: $24,672,4452024 Spending: $22,717,3712024
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.8%

Similar-sized charities, same cause

CharityLocationIncome
Beaverbrook Step IncWatertown$24.6m
Urban League of PortlandPortland$24.7m
Pony Bird IncorporatedHerculaneum$24.6m
Admiral at the LakeChicago$24.7m