OPEN HEARTH INC

Phoenixville, PA, US
501(c)3
EIN
23-2652023
Logo for "OPEN HEARTH INC"
Phoenixville, PA, US
501(c)3
EIN
23-2652023

Overview

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Est.

1991

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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OPEN HEARTH INC is a private nonprofit organization with an EIN of 23-2652023, focusing on Chester County and portions of Montgomery County. With an operating budget of $3.1 million and total revenue of $3 million, the organization provides innovative programs aimed at ending the cycle of homelessness and promoting financial self-sufficiency through direct services and a network of partnerships. OPEN HEARTH INC does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base to support its mission. For more information, visit www.openhearthinc.org.

Mission Statement

OPEN HEARTH, INC., A PRIVATE NONPROFIT ORGANIZATION SERVING CHESTER COUNTY AND PORTIONS OF MONTGOMERY COUNTY, PROVIDES INNOVATIVE PROGRAMS TO HELP PEOPLE END THE CYCLE OF HOMELESSNESS AND ACHIEVE FINANCIAL SELF-SUFFICIENCY. THROUGH ITS OWN DIRECT PROVISION OF SERVICES, AS WELL AS AN ESTABLISHED NETWORK OF OTHER NONPROFITS, THE ORGANIZATION SUPPORTS AND EMPOWERS PEOPLE AS THEY ACQUIRE AFFORDABLE HOUSING, A MEANS OF TRANSPORTATION, AND FINANCIAL VIABILITY.
Revenues

$3M

Expenses

$3.1M

Net Income:
-$137.6K
Assets

$3.2M

Liabilities

$251.1K

Net Assets:
+$2.9M
Operating Budget

$3.1M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

12

Median grant size
$9.5K
Largest grant received
$165K
K
Kelly Raggazino
Board Member
C
Christina Wheeler Towne
Board Member
E
Edwin Santiago
Board Member

Frequently Asked Questions

What is OPEN HEARTH INC’s budget?
In 2024, OPEN HEARTH INC reported an annual operating budget of around $3.1 million. More detailed financial information is available to registered users.
What causes does OPEN HEARTH INC support?
OPEN HEARTH INC supports work in Group homes.
Where does OPEN HEARTH INC operate?
OPEN HEARTH INC is headquartered in Phoenixville, PA.
Who funded OPEN HEARTH INC recently?
In 2025, OPEN HEARTH INC received grants from UNITED WAY OF CHESTER COUNTY INC, BARD ROBERT L & AGNES COOK BARD-TR, and FIRST CORNERSTONE FOUNDATION INC-IMA. More information on this organization’s funders is available to registered users.
What is the largest grant OPEN HEARTH INC received in 2024?
The largest grant to OPEN HEARTH INC in 2024 exceeds $165 thousand.
What is OPEN HEARTH INC’s reliance on government grants?
OPEN HEARTH INC relied on government grants for more than 60% of their total revenue in 2024.
Overview
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