Community Giving Tree Inc
EIN: 264239602 · Boxford, MA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $755K |
| Total Expenses | $686K |
| Net Assets | $794K |
Is Community Giving Tree Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Giving Tree Inc
Community Giving Tree Inc (EIN: 264239602) is a nonprofit organization based in Boxford, MA, classified under NTEE code P20. The organization reported total revenue of $755K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Giving Tree Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Giving Tree Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $861K |
| Total Expenses | $686K |
| Surplus / Deficit | +$175K |
| Total Assets | $1.0M |
| Total Liabilities | $211K |
| Net Assets | $794K |
| Operating Margin | 20.4% |
| Debt-to-Asset Ratio | 21.0% |
| Months of Reserves | 17.6 months |
Financial Health Grade: A
In 2024, Community Giving Tree Inc reported a surplus of $175K with revenue exceeding expenses, holds 17.6 months of operating reserves (strong position), has a debt-to-asset ratio of 21.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Community Giving Tree Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +17.5% | +15.2% | +64.4% |
| 2023 | +47.9% | +30.8% | +33.3% |
| 2022 | +47.8% | +78.6% | +1.2% |
| 2021 | +56.8% | -2.2% | +22.4% |
| 2020 | -24.0% | +18.0% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Community Giving Tree Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Giving Tree Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $175K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.0%.
Frequently Asked Questions about Community Giving Tree Inc
Is Community Giving Tree Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Giving Tree Inc (EIN: 264239602) insufficient data. 0 red flags identified, 0 strengths noted.
How does Community Giving Tree Inc spend its money?
Detailed spending breakdown data is not yet available for Community Giving Tree Inc. Check back for updated IRS 990 analysis.
Are donations to Community Giving Tree Inc tax-deductible?
Community Giving Tree Inc is registered as a tax-exempt nonprofit (EIN: 264239602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Community Giving Tree Inc located?
Community Giving Tree Inc is headquartered in Boxford, Massachusetts and files with the IRS under EIN 264239602. It is classified under NTEE code P20.
How many years of IRS 990 filings does Community Giving Tree Inc have?
Community Giving Tree Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $755K in total revenue.
Filing History
IRS 990 filing history for Community Giving Tree Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Community Giving Tree Inc's revenue has grown by 843%, moving from $91K to $861K. Total assets increased by 856.2% over the same period, from $105K to $1.0M. Total functional expenses rose by 736.9%, from $82K to $686K. In its most recent filing year (2024), Community Giving Tree Inc reported a surplus of $175K, with revenue exceeding expenses. The organization holds $211K in liabilities against $1.0M in assets (debt-to-asset ratio: 21.0%), resulting in net assets of $794K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $861K | $686K | $1.0M | $211K | — | — |
| 2023 | $733K | $596K | $611K | $8K | — | View 990 |
| 2022 | $496K | $455K | $459K | $6K | — | View 990 |
| 2021 | $336K | $255K | $453K | $5K | — | View 990 |
| 2020 | $214K | $261K | $370K | $33K | — | View 990 |
| 2019 | $282K | $221K | $387K | $3K | — | View 990 |
| 2018 | $245K | $206K | $298K | $3K | — | View 990 |
| 2017 | $235K | $208K | $259K | $3K | — | View 990 |
| 2016 | $193K | $172K | $232K | $2K | — | View 990 |
| 2015 | $195K | $171K | $213K | $0 | — | View 990 |
| 2014 | $174K | $153K | $189K | $0 | — | View 990 |
| 2013 | $160K | $97K | $168K | $0 | — | View 990 |
| 2012 | $91K | $82K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $861K, expenses of $686K, and assets of $1.0M (revenue +17.5% year-over-year).
- 2023: Revenue of $733K, expenses of $596K, and assets of $611K (revenue +47.9% year-over-year).
- 2022: Revenue of $496K, expenses of $455K, and assets of $459K (revenue +47.8% year-over-year).
- 2021: Revenue of $336K, expenses of $255K, and assets of $453K (revenue +56.8% year-over-year).
- 2020: Revenue of $214K, expenses of $261K, and assets of $370K (revenue -24.0% year-over-year).
- 2019: Revenue of $282K, expenses of $221K, and assets of $387K (revenue +15.1% year-over-year).
- 2018: Revenue of $245K, expenses of $206K, and assets of $298K (revenue +4.3% year-over-year).
- 2017: Revenue of $235K, expenses of $208K, and assets of $259K (revenue +21.6% year-over-year).
- 2016: Revenue of $193K, expenses of $172K, and assets of $232K (revenue -1.1% year-over-year).
- 2015: Revenue of $195K, expenses of $171K, and assets of $213K (revenue +12.3% year-over-year).
- 2014: Revenue of $174K, expenses of $153K, and assets of $189K (revenue +8.5% year-over-year).
- 2013: Revenue of $160K, expenses of $97K, and assets of $168K (revenue +75.3% year-over-year).
- 2012: Revenue of $91K, expenses of $82K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Giving Tree Inc:
Data Sources and Methodology
This transparency report for Community Giving Tree Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.