L โ€” Housing & ShelterEIN: 843756425ยท Ruling Year: 2022

Open New York Inc

Wilmington, Delaware

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$2.1M
Total Revenue
๐Ÿ“Š
$1.1M
Total Expenses
๐Ÿฆ
$2.1M
Net Assets
๐Ÿ“‹
$225K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+234.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+49.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.94
Net assets divided by total expenses
Liabilities-to-Assets
9.9%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$2,082,222โ†‘235%$1,057,922โ†‘64%$2,279,587โ†‘119%
2022$622,319โ†“39%$643,952โ†‘305%$1,042,519โ†“4%
2021$1,022,638$158,889$1,081,995

Frequently Asked Questions

What does Open New York Inc do?โ–ผ

Open New York Inc is a housing & shelter nonprofit organization based in Delaware. It is classified under NTEE code L01 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Open New York Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Open New York Inc has a score of 76/100 (Grade: A-). 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 Open New York Inc generate?โ–ผ

Open New York Inc reports $2.2M in annual revenue and holds $3.0M in total assets, based on IRS filings.

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Open New York Inc โ€” Wilmington, DE | GiveScope