Olimpico Learning

Analysis

Olimpico Learning is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 2015, 11 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 August 2023, Olimpico Learning reported income of $265k and spending of $234k, spending 88% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $49k to $265k (+439%), an average of +75% a year. The sharpest change came in the year to August 2021, when income rose by 612%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olimpico Learning 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 62nd percentile within CA. Charities of a similar size with the same main cause include Scholarship Foundation of the Nsa Inc ($265k), Governors Committee on Scholastic Achievement ($265k) and Empower Humanity ($265k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $135k against liabilities of $21k, net assets of $114k.