Shenango Treetops Inc

Analysis

Shenango Treetops Inc is a registered charity in United States, based in New Castle, PA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Shenango Treetops Inc reported income of $516k and spending of $448k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $378k to $516k (+36%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shenango Treetops Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Hogar de Envejecientes Ciriaco Sanchaz Inc ($515k), Archa Corvus ($516k) and Normandy House Inc ($515k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $99k. At year end it held assets of $1.1m against liabilities of $2.1m, net assets of -$969k.