Treehouse Inc
Analysis
Treehouse Inc is a registered charity in United States, based in St Louis Park, MN. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Treehouse Inc reported income of $4.5m and spending of $4.3m, spending 97% of its income. Across the 5 years on record, from March 2020 to September 2023, income fell from $7.0m to $4.5m (-36%), an average of -11% a year. The sharpest change came in the year to September 2021, when income rose by 286%. Over the whole period it spent 105% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Treehouse Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Modern Minds ($4.5m), Emc Health Foundation ($4.5m) and St Marys Health System ($4.5m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $212k (4.9% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.7m against liabilities of $2.6m, net assets of $1.1m. It reported 69 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 2.3%
- Other 9.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Modern Minds | Mt Pleasant | $4.5m |
| Emc Health Foundation | Turlock | $4.5m |
| St Marys Health System | Nashua | $4.5m |
| Rhode Island Health Center Association Incorporated | Providence | $4.5m |