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The Family Tree Inc

RegisteredEIN 52-1110645Baltimore, MDOther charitable purposes
Income$6.0m2023-06
Spending$5.7msame year
Spent / received94%5-year average
Size in its cause93rd pctOther charitable purposes
Exempt since1978Publicly supported organisat
Employees73latest return

Analysis

The Family Tree Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 June 2023, The Family Tree Inc reported income of $6.0m and spending of $5.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $6.0m (+65%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Family Tree Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Rainbow Child Development Center Inc ($6.0m), Grand View Home Inc ($6.0m) and Laura Baker School Association ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $286k (5.0% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $8.8m against liabilities of $393k, net assets of $8.4m. It reported 73 employees.

Income and spending

$0$1.6m$3.2m$4.8m$6.4m2019 Income: $3,621,4892019 Spending: $3,053,30420192020 Income: $3,142,4172020 Spending: $3,956,12920202021 Income: $3,560,8002021 Spending: $3,974,16920212022 Income: $6,390,2832022 Spending: $4,675,23920222023 Income: $5,960,5582023 Spending: $5,662,2942023
IncomeSpending

Where the income comes from

  • Contributions & grants 79%
  • Program services 2.6%
  • Other 19%

Similar-sized charities, same cause

CharityLocationIncome
Rainbow Child Development Center IncWorcester$6.0m
Grand View Home IncBlair$6.0m
Laura Baker School AssociationNorthfield$6.0m
Okanogan County Child Development AssociationOmak$6.0m