Treehouse

Analysis

Treehouse is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Treehouse reported income of $31.2m and spending of $28.5m, spending 91% of its income. Across the 5 years on record, from September 2019 to June 2023, income grew from $12.3m to $31.2m (+155%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 134%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Treehouse sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Playworks Education Energized ($31.0m), National 4-H Council ($31.6m) and Braven Incorporated ($30.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $1.1m (4.0% of expenses). Other salaries and wages came to $11.4m. At year end it held assets of $32.2m against liabilities of $3.0m, net assets of $29.2m. It reported 226 employees.