Olives Lil Angels Learning Center

Analysis

Olives Lil Angels Learning Center is a registered charity in United States, based in Cedar Hill, TX. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Olives Lil Angels Learning Center reported income of $1.4m and spending of $1.2m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $824k to $1.4m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olives Lil Angels Learning Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Immigrant Home Foundation ($1.4m), Worldwide Veterans and Family Services Inc ($1.4m) and Highland Community Child Development Center Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $107k (9.2% of expenses). Other salaries and wages came to $526k. At year end it held assets of $888k against liabilities of $3,882, net assets of $884k. It reported 20 employees.