Alder Tree Giving Inc

Analysis

Alder Tree Giving Inc is a registered charity in United States, based in Huger, SC. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Alder Tree Giving Inc reported income of $367k and spending of $403k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $216k to $367k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alder Tree Giving Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include Elite Repeat Serving Stillwater Inc ($367k), Connecticut Elks Association Charities Inc ($367k) and Sahc Development Corp ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $201k. At year end it held assets of $74k against liabilities of $3,434, net assets of $70k.