Family Tree Inc

Analysis

Family Tree Inc is a registered charity in United States, based in Wheatridge, CO. It received its IRS tax-exemption ruling in June 1977, 49 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 June 2023, Family Tree Inc reported income of $12.1m and spending of $11.0m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.9m to $12.1m (+37%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Tree Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Bayside Community Network Inc ($12.1m), Pioneer Resources Inc ($12.1m) and Community Senior Life Inc ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $559k (5.1% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $11.9m against liabilities of $1.5m, net assets of $10.4m. It reported 194 employees.