Tree of Life Foundation and Ministries Inc

Analysis

Tree of Life Foundation and Ministries Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tree of Life Foundation and Ministries Inc reported income of $291k and spending of $306k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $235k to $291k (+24%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tree of Life Foundation and Ministries Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Hope for the Harvest Ministries ($291k), Chinese Christian Church of Germantown ($291k) and Verbena Foundation Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Other salaries and wages came to $78k. At year end it held assets of $38k against liabilities of $80k, net assets of -$42k. It reported 1 employees.