nonprofit · EIN 38-1459365 · MI
How much does OLIVET COLLEGE raise and spend?
OLIVET COLLEGE (MI, EIN 38-1459365) reported $43.0M in revenue and $46.9M in expenses for tax year 2024, with $42.1M in net assets (10.8 months of reserves). By expenses that ranks 4,998 of 391,588 e-filers, 567 of 42,022 in NTEE B: Education, 148 of 10,994 nonprofits in michigan.
What stands out
OLIVET COLLEGE (MI, EIN 38-1459365) reported $43.0M in revenue and $46.9M in expenses for tax year 2024, with $42.1M in net assets (10.8 months of reserves). By expenses that ranks 4,998 of 391,588 e-filers, 567 of 42,022 in NTEE B: Education, 148 of 10,994 nonprofits in michigan. Against NTEE B: Education: months of reserves 10.8 months, below the peer median of 11.5 months; officer compensation share of expenses 2.7%, below the peer median of 5.4%; contributions share of revenue 11.8%, below the peer median of 47.5%; surplus margin -9.1%, below the peer median of 5.1%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $43.0M | $176.1k | $21.4M | $198.5k |
| Total expenses | $46.9M | $155.0k | $20.3M | $179.6k |
| Total assets | $78.8M | $711.1k | $29.5M | $761.5k |
| Net assets | $42.1M | $616.0k | $17.4M | $615.1k |
| Officer compensation (total per organisation) | $1.3M | $130.5k | $625.8k | $114.3k |
| Program service revenue share | 87.1% | 13.1% | 73.7% | 13.4% |
| Contributions share of revenue | 11.8% | 47.5% | 12.5% | 55.6% |
| Officer compensation share of expenses | 2.7% | 5.4% | 2.6% | 6.6% |
| Months of reserves | 10.8 months | 11.5 months | 9.5 months | 12.4 months |
| Surplus margin | -9.1% | 5.1% | 2.1% | 4.3% |
Year by year
7 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $43.0M | $46.9M | $42.1M | 10.8 months | $1.3M | 4,998 |
| 2023 | $38.8M | $42.2M | $43.3M | 12.3 months | $1.5M | 9,077 |
| 2022 | $41.0M | $40.3M | $44.3M | 13.2 months | $1.6M | 8,533 |
| 2021 | $40.8M | $39.4M | $48.4M | 14.7 months | $832.9k | 5,651 |
| 2020 | $37.9M | $38.8M | $43.3M | 13.4 months | $393.7k | 7,985 |
| 2019 | $35.7M | $38.7M | $44.1M | 13.7 months | $464.7k | 7,680 |
| 2018 | $39.6M | $37.1M | $46.7M | 15.1 months | $377.1k | 7,233 |
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