Odyssey-A Community of Integral Learning Inc

Analysis

Odyssey-A Community of Integral Learning Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Odyssey-A Community of Integral Learning Inc reported income of $2.5m and spending of $2.1m, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $2.5m (+54%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Odyssey-A Community of Integral Learning Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Montessori Training and Research Center of Dallas ($2.5m), Paradigm School System Inc ($2.5m) and Newburgh Heights Community School Foundation Inc ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $1.1m against liabilities of $631k, net assets of $498k. It reported 61 employees.