The Root Cellar

Analysis

The Root Cellar is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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 March 2024, The Root Cellar reported income of $787k and spending of $1.0m, spending 128% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $850k to $787k (-7.3%), an average of -1.9% a year. The sharpest change came in the year to March 2021, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Root Cellar 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 76th percentile, and in the 73rd percentile within ME. Charities of a similar size with the same main cause include Parent Teacher Association of Lillie Devereaux Blake School PS 6 ($787k), Big Brothers-Big Sisters of San Luis Obispo County ($787k) and The Mother Connection of Cortlandt Inc ($787k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 84% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $87k (8.6% of expenses). Other salaries and wages came to $334k. At year end it held assets of $1.6m against liabilities of $28k, net assets of $1.6m. It reported 11 employees.