Olive Branch Mission
Analysis
Olive Branch Mission is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1958, 68 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Olive Branch Mission reported income of $4.2m and spending of $3.7m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $4.2m (+213%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Olive Branch Mission sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Revelation Media Inc ($4.2m), Ocean Institute ($4.2m) and Center for the Advancement of Jewish Education Inc ($4.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $1.9m against liabilities of $1.7m, net assets of $217k. It reported 43 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Revelation Media Inc | Richardson | $4.2m |
| Ocean Institute | Dana Point | $4.2m |
| Center for the Advancement of Jewish Education Inc | Miami | $4.2m |
| Foundation for the Diocese of Helena Inc | Helena | $4.2m |