Olive Plaza

Analysis

Olive Plaza is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Olive Plaza reported income of $1.8m and spending of $1.9m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.8m (+6.8%), an average of +1.7% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Olive Plaza sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Pilgrim Park Inc ($1.8m), On Track Ministries Inc ($1.8m) and Dickinson Place Charitable Corp ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $372k. At year end it held assets of $6.6m against liabilities of $6.0m, net assets of $556k.