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Olympia Mutual Aid Partners

RegisteredEIN 85-0602825Olympia, WAPoverty relief
Income$2.3m2023-12
Spending$2.0msame year
Spent / received94%3-year average
Size in its cause84th pctPoverty relief
Exempt since2022Publicly supported organisat
Employees49latest return

Analysis

Olympia Mutual Aid Partners is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in July 2022, 4 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, Olympia Mutual Aid Partners reported income of $2.3m and spending of $2.0m, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $314k to $2.3m (+623%), an average of +169% a year. The sharpest change came in the year to December 2022, when income rose by 223%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olympia Mutual Aid Partners sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Childrens Center ($2.3m), Putnam County Family Young Mens Christian Association ($2.3m) and Refuge House Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $599k against liabilities of $461k, net assets of $139k. It reported 49 employees.

Income and spending

$0$568k$1.1m$1.7m$2.3m2021 Income: $314,1172021 Spending: $304,45120212022 Income: $1,013,3082022 Spending: $1,055,83420222023 Income: $2,270,5932023 Spending: $2,023,0022023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Childrens CenterHamden$2.3m
Putnam County Family Young Mens Christian AssociationCookeville$2.3m
Refuge House IncDallas$2.3m
Help for the HurtingRedlands$2.3m