Giving Tree Foundation

Analysis

Giving Tree Foundation is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Giving Tree Foundation reported income of $200k and spending of $195k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $156k to $200k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Giving Tree Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Lifenet Foundation ($200k), Hope Life Global ($200k) and St Josephs House Ltd ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $42k (22% of expenses). Other salaries and wages came to $42k. At year end it held assets of $121k against liabilities of $0, net assets of $121k. It reported 8 employees.