Growing Tree Inc

Analysis

Growing Tree Inc is a registered charity in United States, based in White House, TN. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Growing Tree Inc reported income of $381k and spending of $446k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $438k to $381k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Growing Tree Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Cy-Fair High School Band Boosters ($381k), Randolph Community Partnership Inc ($381k) and National Maritime Heritage Foundation Inc ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $44k (9.9% of expenses). Other salaries and wages came to $278k. At year end it held assets of $407k against liabilities of $2,264, net assets of $405k. It reported 27 employees.