Under One Roof Inc

Analysis

Under One Roof Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Under One Roof Inc reported income of $890k and spending of $823k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $778k to $890k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Under One Roof Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include Food Tank the Think Tank for Food ($890k), Holyoke Day Nursery Inc ($890k) and Maggies Wigs 4 Kids of Michigan Inc ($890k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $38k (4.6% of expenses). Other salaries and wages came to $351k. At year end it held assets of $1.2m against liabilities of $210k, net assets of $945k. It reported 5 employees.