Olympia Community School

Analysis

Olympia Community School is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Olympia Community School reported income of $490k and spending of $486k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $349k to $490k (+40%), an average of +8.9% a year. The sharpest change came in the year to August 2022, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olympia Community School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include One Aim Illinois ($490k), Regency Foundation ($490k) and Indiana Alpha Student Scholarship Foundation Inc ($490k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Other salaries and wages came to $325k. At year end it held assets of $353k against liabilities of $250k, net assets of $102k. It reported 20 employees.