Tree of Life Gospel Inc

Analysis

Tree of Life Gospel Inc is a registered charity in United States, based in Litchfield PK, AZ. It received its IRS tax-exemption ruling in March 2018, 8 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 Gospel Inc reported income of $75k and spending of $60k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $75k (-5.7%), an average of -5.7% a year. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tree of Life Gospel Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AZ. Charities of a similar size with the same main cause include Shema ($75k), Ting Jiang Tai Shan Gong Buddhist Inc ($75k) and Iglesia Cristiana Bendecidos Y En Victoria ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $400k against liabilities of $204k, net assets of $196k.