Friends of the Open School

Analysis

Friends of the Open School is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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, Friends of the Open School reported income of $402k and spending of $299k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $311k to $402k (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Open School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Bureau County Senior Citizens Association Inc ($402k), Habitat for Humanity International Inc ($402k) and Newby-Ginnings of North Idaho Inc ($402k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 15% of the total. Other salaries and wages came to $103k. At year end it held assets of $669k against liabilities of $0, net assets of $669k. It reported 6 employees.