The Family Tree Inc
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
Where the income comes from
- Contributions & grants 79%
- Program services 2.6%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rainbow Child Development Center Inc | Worcester | $6.0m |
| Grand View Home Inc | Blair | $6.0m |
| Laura Baker School Association | Northfield | $6.0m |
| Okanogan County Child Development Association | Omak | $6.0m |