Love the Tree of Life Clinic

Analysis

Love the Tree of Life Clinic is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Love the Tree of Life Clinic reported income of $161k and spending of $161k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $161k (+170%), an average of +170% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Love the Tree of Life Clinic sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Whiskey Education Foundation ($161k), Magruder Hospital Foundation ($161k) and Hemet San Jacinto Community Health Foundation ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.