6757 Olive Holdings

Analysis

6757 Olive Holdings is a registered charity in United States, based in University Cy, MO. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, 6757 Olive Holdings reported income of $86k and spending of $116k, spending 135% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $81k to $86k (+5.6%), an average of +1.8% a year. Over the whole period it spent 141% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 6757 Olive Holdings sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MO. Charities of a similar size with the same main cause include Russian School Online ($86k), Creek Valley Elementary PTO ($86k) and Willis E Thorpe Parent Advisory Council ($86k).

At year end it held assets of $1.9m against liabilities of $2.0m, net assets of -$97k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.