Olive Support Services

Analysis

Olive Support Services is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Olive Support Services reported income of $988k and spending of $978k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $565k to $988k (+75%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olive Support Services sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Fresh Start Center ($988k), Centro de Adiestramiento Para Personas Con Impedimentos Inc ($988k) and Montmorency County Commission on Aging ($988k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (9.8% of expenses). Other salaries and wages came to $498k. At year end it held assets of $510k against liabilities of $0, net assets of $510k. It reported 11 employees.