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Tree of Life Educational Fund Inc

RegisteredEIN 26-1124295Old Lyme, CTEducation and training
Income$109k2024-06
Spending$101ksame year
Spent / received104%3-year average
Size in its cause41st pctEducation and training
Exempt since2007Publicly supported organisat
Employees–latest return

Analysis

Tree of Life Educational Fund Inc is a registered charity in United States, based in Old Lyme, CT. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Tree of Life Educational Fund Inc reported income of $109k and spending of $101k, spending 92% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $142k to $109k (-23%), an average of -12% a year. The sharpest change came in the year to June 2024, when income dropped by 29%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tree of Life Educational Fund Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include Pescadero Education Foundation ($109k), Lower Dauphin Communities That Care ($109k) and Parent Booster USA Inc ($109k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 15% of the total. At year end it held assets of $257k against liabilities of $2,022, net assets of $255k.

Income and spending

$0$50k$100k$151k$201k2022 Income: $142,4052022 Spending: $120,89320222023 Income: $154,2162023 Spending: $200,75020232024 Income: $109,4962024 Spending: $100,9142024
IncomeSpending

Where the income comes from

  • Contributions & grants 76%
  • Program services 15%
  • Other 8.9%

Similar-sized charities, same cause

CharityLocationIncome
Pescadero Education FoundationPescadero$109k
Lower Dauphin Communities That CareHummelstown$109k
Parent Booster USA IncAlachua$109k
New York Master Barber Academy IncMiddletown$110k