Financial Information for Open Arms Development Corporation

Open Arms Development Corporation's annual revenue was $368K in tax year 2024, reported on their IRS Form 990. They spent $284K in total expenses. 94% went to programs and services.

Financial Breakdown

What is Open Arms Development Corporation's total annual expenses?

Open Arms Development Corporation spent $284K in tax year 2024, according to their IRS Form 990 filing.

How much of Open Arms Development Corporation's budget goes to programs?

Open Arms Development Corporation spent $266K (94% of expenses) on programs and services in tax year 2024.

How much does Open Arms Development Corporation spend on overhead?

Open Arms Development Corporation's overhead in tax year 2024 includes administrative (6%) and fundraising (0%) of their expenses.

What is Open Arms Development Corporation's net worth?

Open Arms Development Corporation had net assets of −$223K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.