Roads of Success

Analysis

Roads of Success is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Roads of Success reported income of $2.0m and spending of $1.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $980k to $2.0m (+99%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roads of Success sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Society for Strings Inc ($2.0m), Koihonua ($2.0m) and Chinese Historical Society of America ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (3.9% of expenses). Other salaries and wages came to $83k. At year end it held assets of $123k against liabilities of $77k, net assets of $46k. It reported 5 employees.