Healing Tree Co

Analysis

Healing Tree Co is a registered charity in United States, based in Lancaster, NY. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Healing Tree Co reported income of $69k and spending of $57k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $69k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Healing Tree Co sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Sweet Adelines International ($69k), Lancaster Historical Society ($69k) and Center Players Incorporated ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. At year end it held assets of $17k against liabilities of $497, net assets of $17k.