Rising Treetops at Oakhurst Inc

Analysis

Rising Treetops at Oakhurst Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1938, 88 years ago. 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, Rising Treetops at Oakhurst Inc reported income of $3.3m and spending of $3.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.3m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rising Treetops at Oakhurst Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include New Bethany Inc ($3.3m), Hillel the Foundation for Jewish Campus Life ($3.3m) and YMCA of Ottawa Illinois ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $212k (6.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $6.1m against liabilities of $399k, net assets of $5.7m. It reported 104 employees.