Mount Olive Ministry Inc

Analysis

Mount Olive Ministry Inc is a registered charity in United States, based in Mount Olive, MS. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Mount Olive Ministry Inc reported income of $662k and spending of $452k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $499k to $662k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 82% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Mount Olive Ministry Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within MS. Charities of a similar size with the same main cause include Jewish Community Action ($662k), Arts & Business Council of Greater Nashville Inc ($663k) and Springboard to Learning Inc ($662k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $86k (19% of expenses). Other salaries and wages came to $142k. At year end it held assets of $1.1m against liabilities of $323k, net assets of $758k. It reported 23 employees.