Olive Community Services Inc

Analysis

Olive Community Services Inc is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Community Services Inc reported income of $308k and spending of $254k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $247k to $308k (+25%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Olive Community Services Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Oakhaven Village ($308k), Bridge House 11 Corporation ($308k) and Butler County Homeownership Corporation ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $243k against liabilities of $54, net assets of $243k.