Capital Roots Inc

Analysis

Capital Roots Inc is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in April 1975, 51 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Capital Roots Inc reported income of $3.3m and spending of $2.7m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.3m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Capital Roots Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Illinois Environmental Council Education Fund ($3.3m), Conservation Colorado Education Fund ($3.4m) and Green Bay Botanical Garden Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $125k (4.7% of expenses). Other salaries and wages came to $617k. At year end it held assets of $12.8m against liabilities of $5.8m, net assets of $6.9m. It reported 33 employees.