Order of Olympia

Analysis

Order of Olympia is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 March 2024, Order of Olympia reported income of $108k and spending of $119k, spending 110% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income grew from $97k to $108k (+12%), an average of +3.9% a year. The sharpest change came in the year to March 2023, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Order of Olympia sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within AL. Charities of a similar size with the same main cause include Trooper Kenton Iwaniec Memorial Foundation ($108k), International Corporate Governance Society ($108k) and Fall Creek Area Foundation ($108k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.