Tree Academy

Analysis

Tree Academy is a registered charity in United States, based in W Hollywood, CA. It received its IRS tax-exemption ruling in December 2015, 11 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 June 2023, Tree Academy reported income of $4.8m and spending of $4.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.8m (+77%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tree Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Astec Fund Inc ($4.8m), Community Christian College ($4.8m) and Muskegon Christian School ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $13k (0.3% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $3.3m against liabilities of $3.7m, net assets of -$372k. It reported 49 employees.