Ministry Village at Olive Inc

Analysis

Ministry Village at Olive Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 March 2023, Ministry Village at Olive Inc reported income of $2.9m and spending of $2.3m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to March 2023, income grew from $1.9m to $2.9m (+52%), an average of +11% a year. The sharpest change came in the year to March 2022, when income rose by 158%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ministry Village at Olive Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Center for Evaluation and Counseling Inc ($2.9m), Treatment Advocacy Center ($2.9m) and Winona Health Foundation ($2.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $72k (3.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.0m against liabilities of $1.4m, net assets of $1.6m. It reported 74 employees.