Mount Olives Community Center Inc

Analysis

Mount Olives Community Center Inc is a registered charity in United States, based in Hyde Park, MA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mount Olives Community Center Inc reported income of $233k and spending of $223k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $233k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mount Olives Community Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include The Bass Foundation Inc ($233k), Old Road Fund Inc ($233k) and A O E Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (7.1% of expenses). At year end it held assets of $63k against liabilities of $0, net assets of $63k. It reported 1 employees.