Mtree Inc

Analysis

Mtree Inc is a registered charity in United States, based in Kings Park, NY. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Mtree Inc reported income of $70k and spending of $78k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $70k (-4.3%), an average of -4.3% a year. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mtree Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Barn Players Inc ($70k), Opera Kansas Inc ($70k) and The Clarity House ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. At year end it held assets of $16k against liabilities of $2,505, net assets of $14k.