Olive Branch

Analysis

Olive Branch is a registered charity in United States, based in Leetonia, OH. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Olive Branch reported income of $614k and spending of $563k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $614k (+95%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Olive Branch sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($613k), Shrewsbury Housing Inc ($614k) and U E R P C Housing Inc ($613k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $75k (13% of expenses). Other salaries and wages came to $331k. At year end it held assets of $75k against liabilities of $0, net assets of $75k. It reported 23 employees.