Tree of Life Incorporated

Analysis

Tree of Life Incorporated is a registered charity in United States, based in Lagrange, GA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2022, Tree of Life Incorporated reported income of $60k and spending of $100k, spending 166% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $77k to $60k (-21%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 129% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tree of Life Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include Open Door Project ($60k), Main Street Batesville Inc ($60k) and Fearless Foundation ($60k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $2,864 against liabilities of $0, net assets of $2,864.