Olive Charitable Trust

Analysis

Olive Charitable Trust is a registered charity in United States, based in Madera, CA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Olive Charitable Trust reported income of $177k and spending of $192k, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $140k to $177k (+27%), an average of +8.2% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Olive Charitable Trust sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Hanover County Sheriffs Office Foundation Inc ($177k), Friends of the Weber-Morgan Childrens Justice Center ($177k) and Colusa County Community Advocates for Parents and Children ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $71k (37% of expenses). At year end it held assets of $89k against liabilities of $3,918, net assets of $85k.