Friends of Olph BC

Analysis

Friends of Olph BC is a registered charity in United States, based in Belle Chasse, LA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Olph BC reported income of $97k and spending of $13k, leaving 87% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $212k to $97k (-54%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 16% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Olph BC sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within LA. Charities of a similar size with the same main cause include Worrall PTO ($97k), Strong Communities Realty Corporation ($97k) and Cisd Educational Support Groups Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $360k against liabilities of $0, net assets of $360k.