Olive Tree Inc

Analysis

Olive Tree Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in April 2007, 19 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 July 2024, Olive Tree Inc reported income of $262k and spending of $272k, spending 104% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $240k to $262k (+9.1%), an average of +4.5% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olive Tree Inc 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 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Indian Hill Club Scholarship Foundation ($262k), Alumni of University of Otago in America Inc ($262k) and Gabriels House Foundation Inc ($262k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 4.6% and program service revenue 92% of the total. Other salaries and wages came to $187k. At year end it held assets of $23k against liabilities of $1,402, net assets of $22k. It reported 21 employees.