Tree Trust

Analysis

Tree Trust is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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 2023, Tree Trust reported income of $7.8m and spending of $7.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $7.8m (+69%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tree Trust sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include West Houston Assistance Ministries Inc ($7.8m), Newgrange School of Princeton Inc ($7.8m) and Exploration School Inc ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $136k (1.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $4.4m against liabilities of $1.2m, net assets of $3.2m. It reported 371 employees.