Olive Children Foundation

Analysis

Olive Children Foundation is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Olive Children Foundation reported income of $4.0m and spending of $3.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $4.0m (+232%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olive Children Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Northlake Homeless Coalition ($4.0m), Florida High School for Accelerated Learning - West Palm Beach Campus ($4.0m) and Savant Preparatory Academy Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $104k (2.8% of expenses). Other salaries and wages came to $507k. At year end it held assets of $4.2m against liabilities of $3.1m, net assets of $1.1m. It reported 18 employees.