Tree House Books

Analysis

Tree House Books is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tree House Books reported income of $1.2m and spending of $789k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $348k to $1.2m (+245%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tree House Books 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 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Shearim Torah High School ($1.2m), Alliance for a Green Economy ($1.2m) and Heritage Christian School Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $77k (9.7% of expenses). Other salaries and wages came to $300k. At year end it held assets of $1.3m against liabilities of $51k, net assets of $1.2m. It reported 12 employees.