Olivias House of Hope

Analysis

Olivias House of Hope is a registered charity in United States, based in Olivia, MN. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Olivias House of Hope reported income of $121k and spending of $104k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $121k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Olivias House of Hope sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include The Fellowship Foundation Incorporated ($121k), Quest in Recovery ($121k) and Plum Baseball & Softball Association ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $48k against liabilities of $876, net assets of $47k.