Jesse Tree Inc

Analysis

Jesse Tree Inc is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in January 1997, 29 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 December 2023, Jesse Tree Inc reported income of $129k and spending of $134k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $239k to $129k (-46%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jesse Tree Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Batavia Business Improvement District Management Association in ($129k), Junior League of McAllen Inc ($129k) and Enlaces ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $377k against liabilities of $750, net assets of $376k.