Olympia Family Theater

Analysis

Olympia Family Theater is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in February 2008, 18 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 June 2022, Olympia Family Theater reported income of $388k and spending of $305k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income grew from $278k to $388k (+40%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 281%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olympia Family Theater sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Orleans After School Activites Program ($388k), Topgolf Cares Inc ($388k) and Charity Series of Poker ($388k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 70% and program service revenue 28% of the total. Other salaries and wages came to $125k. At year end it held assets of $217k against liabilities of $54k, net assets of $163k. It reported 10 employees.