Treeslouisville Inc

Analysis

Treeslouisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Treeslouisville Inc reported income of $1.5m and spending of $1.1m, leaving 29% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $672k to $1.5m (+124%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Treeslouisville Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Standing Together Effectively for People ($1.5m), Vuela for Health ($1.5m) and Jari Growth Fund Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $113k (11% of expenses). Other salaries and wages came to $238k. At year end it held assets of $1.5m against liabilities of $352k, net assets of $1.1m. It reported 8 employees.