Olympic Neighbors

Analysis

Olympic Neighbors is a registered charity in United States, based in Port Townsend, WA. It received its IRS tax-exemption ruling in December 2012, 14 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 December 2023, Olympic Neighbors reported income of $668k and spending of $456k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $381k to $668k (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Olympic Neighbors sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include American Academy of Psychotherapists ($668k), Rural Health Network of Oklahoma Inc ($668k) and Clinical Pathology Institute Cooperative Inc ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $69k (15% of expenses). Other salaries and wages came to $255k. At year end it held assets of $769k against liabilities of $5,596, net assets of $764k. It reported 13 employees.