Baobab Tree Foundation

Analysis

Baobab Tree Foundation is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Baobab Tree Foundation reported income of $677k and spending of $734k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $560k to $677k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Baobab Tree Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Ubiz Venture Capital ($676k), Orlando Sports Foundation Inc ($677k) and Beach Ball Foundation ($676k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $158k. At year end it held assets of $778k against liabilities of $480k, net assets of $299k. It reported 2 employees.