Aldert Root Elementary Educational Foundation

Analysis

Aldert Root Elementary Educational Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Aldert Root Elementary Educational Foundation reported income of $273k and spending of $257k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $175k to $273k (+56%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aldert Root Elementary Educational Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Rise High Inc ($273k), Green Mountain Academy for Life Long Learning Inc ($273k) and St Marys County Advanced Life Support Unit Inc ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.