Roots & Wings Foundation a New Jersey Non Profit Corporation

Analysis

Roots & Wings Foundation a New Jersey Non Profit Corporation is a registered charity in United States, based in Denville, NJ. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Roots & Wings Foundation a New Jersey Non Profit Corporation reported income of $1.4m and spending of $1.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roots & Wings Foundation a New Jersey Non Profit Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Smoky Mountain Service Dogs ($1.4m), Cherokee Etowah Dekalb County Fellowship House Inc ($1.4m) and Lake County Agricultural Society Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $137k (12% of expenses). Other salaries and wages came to $314k. At year end it held assets of $2.3m against liabilities of $79k, net assets of $2.2m. It reported 9 employees.