Christ Is the Light of the World - Tree of Life Foundation

Analysis

Christ Is the Light of the World - Tree of Life Foundation is a registered charity in United States, based in Highland, UT. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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, Christ Is the Light of the World - Tree of Life Foundation reported income of $5.5m and spending of $252k, leaving 95% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.4m to $5.5m (+134%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 231%. Over the whole period it spent 3.7% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christ Is the Light of the World - Tree of Life Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within UT. Charities of a similar size with the same main cause include Hayden High School Foundation ($5.5m), Hospice at LSMNJ Inc ($5.5m) and St Rita School for the Deaf ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $15.1m against liabilities of $0, net assets of $15.1m.