Giving Trees for Life Inc

Analysis

Giving Trees for Life Inc is a registered charity in United States, based in Sturbridge, MA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Giving Trees for Life Inc reported income of $151k and spending of $141k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $151k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Giving Trees for Life Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Washington Trust Foundation Inc ($151k), Degania Foundation Inc ($151k) and It Takes a Village Chicago Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.