Olney Help

Analysis

Olney Help is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in December 1999, 27 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, Olney Help reported income of $295k and spending of $319k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $332k to $295k (-11%), an average of -3.8% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olney Help sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Indiana School Nutrition Association Inc ($295k), The Learning Ladder Child Care Ministry Inc ($295k) and Noahs Ark Day Care Center Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $401k against liabilities of $0, net assets of $401k.