Mount Olivet Lab School Inc

Analysis

Mount Olivet Lab School Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mount Olivet Lab School Inc reported income of $142k and spending of $106k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $293k to $142k (-51%), an average of -30% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mount Olivet Lab School Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Memory Lane Farm Inc ($142k), Space Coast Association of Realtors Foundation Inc ($142k) and Western Pennsylvania Police Athletic League Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.