Ole

Analysis

Ole is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Ole reported income of $81k and spending of $69k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $78k to $81k (+3.4%), an average of +3.4% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ole sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within AK. Charities of a similar size with the same main cause include Bradley PTO ($81k), Cornell Club of Los Angeles ($81k) and Groves Elementary PTO ($81k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.8% and program service revenue 13% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.