Tree of Life School
Analysis
Tree of Life School is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Tree of Life School reported income of $878k and spending of $929k, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $688k to $878k (+28%), an average of +6.3% a year. The sharpest change came in the year to August 2023, when income rose by 25%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Tree of Life School sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Boys and Girls Club of Sequoyah County ($878k), Engaged in Life Academy Inc ($878k) and Mojave Educational Foundation Inc ($878k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 63% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $61k (6.6% of expenses). Other salaries and wages came to $543k. At year end it held assets of $1.7m against liabilities of $6,791, net assets of $1.7m. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 63%
- Program services 9.0%
- Other 28%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boys and Girls Club of Sequoyah County | Sallisaw | $878k |
| Engaged in Life Academy Inc | Kansas City | $878k |
| Mojave Educational Foundation Inc | Las Vegas | $878k |
| Trinity Ame Early Learning Center LLC | Atlanta | $879k |