The Olive Tree Creative Arts Community Center

Analysis

The Olive Tree Creative Arts Community Center is a registered charity in United States, based in T or C, NM. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, The Olive Tree Creative Arts Community Center reported income of $676k and spending of $676k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $728k to $676k (-7.2%), an average of -7.2% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Olive Tree Creative Arts Community Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within NM. Charities of a similar size with the same main cause include Lake Wales Care Center Foundation Inc ($676k), Tamaqua Community Ambulance Association Inc ($676k) and Metabolomics Society Inc ($676k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $363k. At year end it held assets of $818k against liabilities of $676k, net assets of $142k. It reported 8 employees.