Roots and Wings Kids Inc

Analysis

Roots and Wings Kids Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2007, 19 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 August 2023, Roots and Wings Kids Inc reported income of $273k and spending of $306k, spending 112% of what it took in. Across the 4 years on record, from August 2019 to August 2023, income grew from $235k to $273k (+16%), an average of +5.2% a year. The sharpest change came in the year to August 2022, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roots and Wings Kids Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Hugo Good Neighbors Food Shelf ($273k), Mesilla Valley Hospice Foundation Inc ($273k) and Talmar Inc ($273k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $148k (48% of expenses). Other salaries and wages came to $54k. At year end it held assets of $91k against liabilities of $109k, net assets of -$18k. It reported 4 employees.