Odyssey Inc

Analysis

Odyssey Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Odyssey Inc reported income of $1.1m and spending of $1.3m, spending 122% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $911k to $1.1m (+20%), an average of +4.7% a year. The sharpest change came in the year to September 2021, when income rose by 39%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Odyssey Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include All Bout Children Preschool Inc ($1.1m), Black Youth Leadership Project ($1.1m) and Smyth County Public Library ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $186k (14% of expenses). Other salaries and wages came to $479k. At year end it held assets of $2.3m against liabilities of $30k, net assets of $2.3m. It reported 52 employees.