Tree of Knowledge

Analysis

Tree of Knowledge is a registered charity in United States, based in Gresham, OR. It received its IRS tax-exemption ruling in April 1976, 50 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 June 2024, Tree of Knowledge reported income of $94k and spending of $120k, spending 129% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $207k to $94k (-55%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tree of Knowledge sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within OR. Charities of a similar size with the same main cause include Little League Baseball Inc ($94k), Helen Hill Housing Development Fund Company Inc ($94k) and Habitat for Humanity International Inc ($94k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. At year end it held assets of $58k against liabilities of $7,471, net assets of $50k.

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.