Greenwood Tree

Analysis

Greenwood Tree is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Greenwood Tree reported income of $187k and spending of $234k, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $220k to $187k (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2024, when income dropped by 50%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greenwood Tree sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include Boylston Chess Foundation Inc ($187k), United Union of Roofers Waterproofers and Allied Workers ($187k) and Sundial Classical Farmstead ($187k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 91% of the total. At year end it held assets of $46k against liabilities of $4,752, net assets of $42k.