Olney Christian School

Analysis

Olney Christian School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Olney Christian School reported income of $1.1m and spending of $1.0m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $792k to $1.1m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olney Christian School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include South Side Christian Academy ($1.1m), Ark Institute of Learning ($1.1m) and Learning Resource Ctr of Polk Co ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 53% of the total. Other salaries and wages came to $507k. At year end it held assets of $369k against liabilities of $15k, net assets of $354k. It reported 25 employees.