Keep Olney Beautiful

Analysis

Keep Olney Beautiful is a registered charity in United States, based in Olney, TX. It received its IRS tax-exemption ruling in July 2014, 12 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 (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, Keep Olney Beautiful reported income of $288k and spending of $30k, leaving 89% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $220k to $288k (+31%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 52% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Keep Olney Beautiful sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Greater Louisville Foundation Inc ($288k), Valdese Economic Development Investment Corporation ($288k) and South Waterfront Community Relations ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. It paid $25 in professional fundraising fees. At year end it held assets of $347k against liabilities of $0, net assets of $347k.