The Shade Tree Incorporated

Analysis

The Shade Tree Incorporated is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 1991, 35 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 June 2023, The Shade Tree Incorporated reported income of $3.3m and spending of $3.9m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.1m to $3.3m (-37%), an average of -11% a year. The sharpest change came in the year to June 2021, when income dropped by 28%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Shade Tree Incorporated sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NV. Charities of a similar size with the same main cause include Native Directions Inc ($3.3m), Baker Industries Inc ($3.3m) and Lutheran Adoption Services Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $220k (5.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $12.0m against liabilities of $177k, net assets of $11.8m. It reported 86 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.