Olympia Master Builders Education Foundation

Analysis

Olympia Master Builders Education Foundation is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Olympia Master Builders Education Foundation reported income of $65k and spending of $36k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $65k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olympia Master Builders Education Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 20th percentile within WA. Charities of a similar size with the same main cause include Heritage Athletic Association ($65k), Esl In-Home Program of Northern Nevada ($65k) and Uptake Institute ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 119% of the total. At year end it held assets of $132k against liabilities of $2,518, net assets of $129k.