Olneyville Neighborhood Association

Analysis

Olneyville Neighborhood Association is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 May 2024, Olneyville Neighborhood Association reported income of $357k and spending of $244k, leaving 32% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $250k to $357k (+43%), an average of +43% a year. The sharpest change came in the year to May 2024, when income rose by 43%. Over the whole period it spent 64% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Olneyville Neighborhood Association sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within RI. Charities of a similar size with the same main cause include New York Center for Law & Justice Inc ($357k), Prison Prevention Ministries Inc ($358k) and Sentencing Alternatives Program Inc ($356k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $78k (32% of expenses). Other salaries and wages came to $114k. At year end it held assets of $291k against liabilities of $420, net assets of $291k. It reported 9 employees.