Opendoors
Providence, Rhode Island
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,794,580โ66% | $2,858,581โ133% | $5,442,391โ11% | |
| 2022 | $1,684,846โ55% | $1,227,972โ34% | $4,902,264โ14% | โ |
| 2021 | $1,086,213โ44% | $918,679โ42% | $4,287,711โ7% | โ |
| 2020 | $754,502โ11% | $644,699โ16% | $4,018,188โ3% | โ |
| 2019 | $678,755โ39% | $768,833โ32% | $3,911,779โ3% | โ |
| 2018 | $1,106,789โ9% | $1,127,307โ6% | $4,015,741โ1% | โ |
| 2017 | $1,017,075โ6% | $1,059,985โ2% | $4,044,296โ1% | โ |
| 2016 | $963,773โ5% | $1,043,940โ4% | $4,090,453โ2% | โ |
| 2015 | $917,338โ2% | $1,005,389โ4% | $4,194,460โ1% | โ |
| 2014 | $897,948โ4% | $971,092โ16% | $4,255,553โ2% | โ |
| 2013 | $937,402โ5% | $1,160,256โ20% | $4,348,890โ1% | โ |
| 2012 | $986,868โ13% | $965,559โ21% | $4,410,818โ35% | โ |
| 2011 | $1,139,497 | $1,215,100 | $3,273,563 | โ |
Frequently Asked Questions
What does Opendoors do?โผ
Opendoors is a human services nonprofit organization based in Rhode Island. It is classified under NTEE code P40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Opendoors financially healthy?โผ
Based on our 9-metric Financial Health Score model, Opendoors has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Opendoors generate?โผ
Opendoors reports $8.8M in annual revenue and holds $6.9M in total assets, based on IRS filings.
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