Gifting Tree Foundation Inc

Analysis

Gifting Tree Foundation Inc is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in April 2020, 6 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, Gifting Tree Foundation Inc reported income of $124k and spending of $115k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $124k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gifting Tree Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Glories Lee Hubbard Compassionate Hands Ministry ($124k), Fairfield Electric Trust Inc ($124k) and Fathers Making Progress Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.