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Washington · Nonprofit

TREEHOUSE

TREEHOUSE (Washington) receives grants from 309 organizations whose IRS filings report $47,425,854 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($8,999,296). 194 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$28M
Funders on record
309
Grants received
$47M
Net assets
$34M
194/309 repeat funderspeak grant-dependency 36%
01What it does

What Treehouse does

Mission

Giving foster kids a childhood and a future: we envision and strive to create a world where every child that has experienced foster care has the opportunities and support they need to pursue their dreams and launch successfully into adulthood.

As stated on its FY2025 Form 990.

Programs

  1. Graduation success partners with youth who have experienced foster care and their existing support systems to create a plan for high school and beyond, develop support systems, connect to resources, and build self advocacy skills. Launch success continues Treehouse's partnership with youth after high school completion by providing ongoing access to goal setting, and financial and material resources.

    $9,735,526 spentof which $215,928 as grants$7,184,810 earned by the program
    54% of program spending
  2. Treehouse provides funding and resources for youth to explore their interests and engage in their community. The Treehouse store is an essential resource where youth and their caregivers can shop for high-quality items like clothing and school supplies. Holiday magic provides youth with a meaningful gift during the holiday season. Just-in-time funding reduces financial barriers for youth and their caregivers related to personal growth and development. Driver's assistance reduces financial barriers for youth related to safe driving.

    $5,606,614 spentof which $2,634,728 as grants$1,138,100 earned by the program
    31% of program spending
  3. Education advocacy partners with a team of existing supports in a youth's life - caregivers, caseworkers, school staff, and community providers - to help resolve barriers and identify needed resources for the youth to make progress at school.

    $1,915,945 spent$1,115,711 earned by the program
    11% of program spending
  4. Treehouse's policy work includes partnership with youth, our board of directors, staff, community partners and state agencies in developing a legislative agenda each year. In order to focus advocacy efforts, Treehouse has set three high level policy goals that align with our mission and programs: improve educational outcome, improve transition-to-adulthood outcomes, improve equitable access to everyday experiences, activities and material needs.

    $780,772 spent
    4% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $18,038,857.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($10M) Expenses 100 ($11M) Net assets 100 ($11M)2018 Revenue 152 ($16M) Expenses 111 ($12M) Net assets 135 ($15M)2019 Revenue 118 ($12M) Expenses 131 ($14M) Net assets 113 ($12M)2020 Revenue 177 ($18M) Expenses 136 ($15M) Net assets 146 ($16M)2021 Revenue 126 ($13M) Expenses 93 ($10M) Net assets 184 ($20M)2022 Revenue 295 ($31M) Expenses 209 ($23M) Net assets 236 ($26M)2023 Revenue 300 ($31M) Expenses 259 ($29M) Net assets 268 ($29M)2024 Revenue 223 ($23M) Expenses 233 ($26M) Net assets 250 ($27M)2025 Revenue 271 ($28M) Expenses 199 ($22M) Net assets 316 ($34M)
'17'18'19'20'21'22'23'24'25
Revenue (271)Expenses (199)Net assets (316)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $29M to $38M (+30%).

$11M
$16M
$13M
$17M
$21M
$27M
$32M
$29M
$38M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 10%. Grants only. Government contracts and fees sit inside program revenue.

65% of TREEHOUSE’s revenue is contributions — about as donation-reliant as the typical peer (78% for the typical peer).

This organization
Typical peer · 207 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$640k
’17
$3.6M
’18
−$2.2M
’19
$3.3M
’20
$2.8M
’21
$7.6M
’22
$2.7M
’23
−$2.5M
’24
$6.3M
’25
8.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Dawn Rains

Chief executive officer

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed373433343540403638
Joined·+2+6+5+14+8+13+9+9
No longer listed·57413313137
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 68 funders to 131 funders, grant income rose $2.0M → $8.5M.

34 of 309 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TREEHOUSE’s funders (the co-funder graph). Top 30 of 309 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TREEHOUSE has a broad base — no single funder exceeds 19% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

61% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TREEHOUSE.

19%
largest funder
36%
top three
~15
effective funders

Largest funder’s share by year: 2017 37% · 2018 30% · 2019 34% · 2020 23% · 2021 12% · 2022 16% · 2023 19% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

49% of TREEHOUSE's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

51% of TREEHOUSE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $23M that is directly attributable, 75% of it comes from Washington funders.

AK
NH
WA
ID
MT
MN
IL
WI
MI
NY
MA
OR
IA
IN
OH
PA
NJ
CT
RI
CA
CO
MO
VA
DE
AZ
KS
TN
NC
HI
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $24M arriving through sponsors registered in 19 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TREEHOUSE runs a healthier operating margin than three-quarters of the 144 youth development nonprofits its size.

Operating margin22% · top quartile
Months of reserve8.3mo · top quartile
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 144 youth development nonprofits $10M–$100M, FY2025

Organizations like TREEHOUSE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 4%Fundraising 13%

Governance

24
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

79%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • 2100 Building LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for TREEHOUSE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TREEHOUSE?
TREEHOUSE (Washington) receives grants from 309 organizations whose IRS filings report $47,425,854 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($8,999,296). 194 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does TREEHOUSE have?
IRS filings report 309 organizations giving $47,425,854 in grants to TREEHOUSE, 194 of which have funded it in more than one year.
Who is the largest funder of TREEHOUSE?
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $8,999,296 in grants. The full list of funders is on this page.
How can an organization like TREEHOUSE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Treehouse →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 309 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing