Family Tree Inc

Analysis

Family Tree Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 1971, 55 years ago. Its declared purposes cover health care, 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 December 2023, Family Tree Inc reported income of $3.8m and spending of $4.0m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.8m to $3.8m (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family Tree Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Comprehensive Community Services Inc ($3.8m), Hazelden Chicago ($3.8m) and Familylink Treatment Services Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $245k (6.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $10.1m against liabilities of $6.1m, net assets of $4.0m. It reported 61 employees.