Giving Tree Topeka Inc

Analysis

Giving Tree Topeka Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in October 2019, 7 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, Giving Tree Topeka Inc reported income of $484k and spending of $456k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $431k to $484k (+12%), an average of +6.0% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Giving Tree Topeka Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within KS. Charities of a similar size with the same main cause include Spring of Hope International Inc ($484k), Access Christian Ministries Inc ($484k) and Anika Foundation ($484k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $36k (7.9% of expenses). Other salaries and wages came to $242k. At year end it held assets of $113k against liabilities of $141k, net assets of -$29k. It reported 32 employees.