The Learning Tree of Wellsboro

Analysis

The Learning Tree of Wellsboro is a registered charity in United States, based in Wellsboro, PA. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The Learning Tree of Wellsboro reported income of $356k and spending of $409k, spending 115% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $331k to $356k (+7.8%), an average of +1.9% a year. The sharpest change came in the year to August 2021, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Learning Tree of Wellsboro sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Tobacco Road Marathon ($356k), Phoenix Services Inc ($356k) and Partners in Hope Inc ($356k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $42k (10% of expenses). Other salaries and wages came to $227k. At year end it held assets of $363k against liabilities of $264k, net assets of $100k. It reported 29 employees.