Learning Tree

Analysis

Learning Tree is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 1979, 47 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Learning Tree reported income of $1.5m and spending of $1.2m, leaving 21% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $968k to $1.5m (+59%), an average of +9.7% a year. The sharpest change came in the year to August 2022, when income rose by 50%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Learning Tree sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Caring Community Friends Inc ($1.5m), Indianapolis Public Transportation Foundation Inc ($1.5m) and Woodstock Institute ($1.5m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $94k (7.7% of expenses). Other salaries and wages came to $656k. At year end it held assets of $2.6m against liabilities of $1.4m, net assets of $1.2m. It reported 23 employees.