Olive View UCLA Education and Research Institute Inc

Analysis

Olive View UCLA Education and Research Institute Inc is a registered charity in United States, based in Sylmar, CA. It received its IRS tax-exemption ruling in March 1965, 61 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 June 2023, Olive View UCLA Education and Research Institute Inc reported income of $14.0m and spending of $8.8m, leaving 37% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.7m to $14.0m (+199%), an average of +44% a year. The sharpest change came in the year to June 2021, when income rose by 130%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Olive View UCLA Education and Research Institute Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Eastern Maine Healthcare Systems ($14.0m), Chota Community Health Services ($14.0m) and Yvfwc Healthcare Facilities Development II ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $13.9m against liabilities of $375k, net assets of $13.5m. It reported 87 employees.