Open Philanthropy Action Fund
EIN: 812644663 · Palo Alto, CA · NTEE: S01
| Metric | Value |
|---|---|
| Total Revenue | $162.5M |
| Total Expenses | $77.5M |
| Net Assets | $-16,696,016 |
Is Open Philanthropy Action Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Open Philanthropy Action Fund
Open Philanthropy Action Fund (EIN: 812644663) is a nonprofit organization based in Palo Alto, CA, classified under NTEE code S01. The organization reported total revenue of $162.5M and total assets of $41.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Open Philanthropy Action Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Open Philanthropy Action Fund is a major nonprofit that has been operating for 8 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79.3M |
| Total Expenses | $77.5M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $30.7M |
| Total Liabilities | $47.4M |
| Net Assets | $-16,696,016 |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 154.3% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, Open Philanthropy Action Fund reported a surplus of $1.8M with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 154.3% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Open Philanthropy Action Fund's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.4% | +40.2% | -3.9% |
| 2022 | -21.7% | -38.1% | -21.5% |
| 2021 | +290.1% | +493.6% | +162.6% |
| 2020 | +731.6% | -37.6% | -10.9% |
| 2019 | -63.9% | +100.8% | -47.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Open Philanthropy Action Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Open Philanthropy Action Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 154.3%.
Frequently Asked Questions about Open Philanthropy Action Fund
Is Open Philanthropy Action Fund a legitimate charity?
Open Philanthropy Action Fund (EIN: 812644663) is a registered tax-exempt nonprofit based in California. It has 8 years of IRS 990 filings on record. Total revenue: $162.5M. No red flags identified. Financial health grade: A.
How does Open Philanthropy Action Fund spend its money?
Open Philanthropy Action Fund reported $162.5M in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Open Philanthropy Action Fund tax-deductible?
Open Philanthropy Action Fund is registered as a tax-exempt nonprofit (EIN: 812644663). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Open Philanthropy Action Fund located?
Open Philanthropy Action Fund is headquartered in Palo Alto, California and files with the IRS under EIN 812644663. It is classified under NTEE code S01.
How many years of IRS 990 filings does Open Philanthropy Action Fund have?
Open Philanthropy Action Fund has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $162.5M in total revenue.
Filing History
IRS 990 filing history for Open Philanthropy Action Fund showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Open Philanthropy Action Fund's revenue has grown by 43.9%, moving from $55.1M to $79.3M. Total assets decreased by 39.3% over the same period, from $50.6M to $30.7M. Total functional expenses rose by 1457.8%, from $5.0M to $77.5M. In its most recent filing year (2023), Open Philanthropy Action Fund reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $47.4M in liabilities against $30.7M in assets (debt-to-asset ratio: 154.3%), resulting in net assets of $-16,696,016.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79.3M | $77.5M | $30.7M | $47.4M | — | — |
| 2022 | $50.1M | $55.3M | $32.0M | $50.5M | — | View 990 |
| 2021 | $64.0M | $89.3M | $40.7M | $54.1M | — | View 990 |
| 2020 | $16.4M | $15.0M | $15.5M | $3.5M | — | — |
| 2019 | $2.0M | $24.1M | $17.4M | $6.8M | — | — |
| 2018 | $5.5M | $12.0M | $33.3M | $500K | — | View 990 |
| 2017 | $370K | $11.2M | $43.7M | $4.3M | — | View 990 |
| 2016 | $55.1M | $5.0M | $50.6M | $451K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79.3M, expenses of $77.5M, and assets of $30.7M (revenue +58.4% year-over-year).
- 2022: Revenue of $50.1M, expenses of $55.3M, and assets of $32.0M (revenue -21.7% year-over-year).
- 2021: Revenue of $64.0M, expenses of $89.3M, and assets of $40.7M (revenue +290.1% year-over-year).
- 2020: Revenue of $16.4M, expenses of $15.0M, and assets of $15.5M (revenue +731.6% year-over-year).
- 2019: Revenue of $2.0M, expenses of $24.1M, and assets of $17.4M (revenue -63.9% year-over-year).
- 2018: Revenue of $5.5M, expenses of $12.0M, and assets of $33.3M (revenue +1373.4% year-over-year).
- 2017: Revenue of $370K, expenses of $11.2M, and assets of $43.7M (revenue -99.3% year-over-year).
- 2016: Revenue of $55.1M, expenses of $5.0M, and assets of $50.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Open Philanthropy Action Fund:
Data Sources and Methodology
This transparency report for Open Philanthropy Action Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.