Festival of Trees

Analysis

Festival of Trees is a registered charity in United States, based in Canton, MI. It received its IRS tax-exemption ruling in June 1988, 38 years ago. Its declared purposes cover medical research, 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 January 2024, Festival of Trees reported income of $90k and spending of $103k, spending 115% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $110k to $90k (-18%), an average of -5.0% a year. The sharpest change came in the year to January 2022, when income rose by 244%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Festival of Trees sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Provincetown Round-Up Inc ($90k), Philippino Nurses Association of San Diego County Inc ($90k) and Jim Catfish Hunter ALS Foundation ($90k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 191% of the total. At year end it held assets of $171k against liabilities of $50k, net assets of $121k.