Tree of Life

Analysis

Tree of Life is a registered charity in United States, based in Blue Hill, ME. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tree of Life reported income of $469k and spending of $159k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $286k to $469k (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tree of Life sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within ME. Charities of a similar size with the same main cause include Northfields Human Services ($469k), Brightside Produce ($469k) and Infinite Possibilities Inc ($469k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 36% of the total. At year end it held assets of $1.9m against liabilities of $714, net assets of $1.9m.