Open Arms Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 173,978 | 170,296 | 3,682 | 1.4 | 46% |
| 2012 | 89,309 | 82,773 | 6,536 | 1.7 | 5% |
| 2013 | 57,891 | 54,876 | 3,015 | 2.8 | 17% |
| 2014 | 52,771 | 61,024 | −8,253 | 0.5 | — |
| 2015 | 82,517 | 82,261 | 256 | 0.4 | — |
| 2016 | 105,505 | 30,594 | 74,911 | 30.5 | — |
| 2017 | 99,564 | 98,453 | 1,111 | 0.1 | — |
| 2018 | 90,501 | 90,206 | 295 | -0.1 | — |
| 2019 | 83,106 | 82,528 | 578 | 0.1 | — |
| 2020 | 75,563 | 75,637 | −74 | 0.4 | — |
| 2021 | 89,170 | 79,581 | 9,589 | 1.8 | — |
| 2022 | 51,981 | 46,025 | 5,956 | 4.7 | — |
| 2023 | 41,640 | 40,855 | 785 | 2.0 | — |
In its most recent public year (2023), this organization brought in $785 more than it spent. Its reserves stood at about 2 months of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Open Arms Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works