Olympus International Alummi Inc

Analysis

Olympus International Alummi Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Olympus International Alummi Inc reported income of $145k and spending of $144k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $145k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Olympus International Alummi Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Road Runners Club of America ($145k), United Way of Williston ($145k) and Marsing Community Disaster Fund Inc ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 20% of the total. At year end it held assets of $3,448 against liabilities of $0, net assets of $3,448.