Sharing Our Roots

Analysis

Sharing Our Roots is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Sharing Our Roots reported income of $856k and spending of $1.1m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $648k to $856k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 203%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sharing Our Roots sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Project Rebuild ($855k), Growth Factory ($856k) and West Central Nebraska Dev District ($855k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $133k (13% of expenses). Other salaries and wages came to $387k. At year end it held assets of $1.6m against liabilities of $520k, net assets of $1.1m. It reported 15 employees.