Olf Society of Los Banos

Analysis

Olf Society of Los Banos is a registered charity in United States, based in Los Banos, CA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Olf Society of Los Banos reported income of $135k and spending of $137k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $142k to $135k (-4.6%), an average of -2.3% a year. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Olf Society of Los Banos sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include International Synagogue & Jewish Center Inc ($135k), Harvest Evangelistic Ministries ($135k) and Jean K Birtcil Charitable Trust for Faith Lutheran Church ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.