Olivewood Gardens & Learning Center Inc

Analysis

Olivewood Gardens & Learning Center Inc is a registered charity in United States, based in National City, CA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Olivewood Gardens & Learning Center Inc reported income of $2.4m and spending of $1.6m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $802k to $2.4m (+200%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olivewood Gardens & Learning Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Highline Corporation ($2.4m), Freedom to Choose Inc ($2.4m) and Tillamook County Community Action Resource Enterprises Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $111k (7.0% of expenses). Other salaries and wages came to $710k. At year end it held assets of $5.4m against liabilities of $308k, net assets of $5.1m. It reported 26 employees.