Goodroots Northwest

Analysis

Goodroots Northwest is a registered charity in United States, based in Bonney Lake, WA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Goodroots Northwest reported income of $4.8m and spending of $4.7m, spending 97% of its income. Across the 5 years on record, from June 2020 to December 2023, income grew from $423k to $4.8m (+1040%), an average of +84% a year. The sharpest change came in the year to June 2021, when income rose by 1884%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodroots Northwest sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Safehome Inc ($4.8m), Hospice of the Valley Inc ($4.8m) and Northwest Community Action Inc ($4.8m).

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 $91k (1.9% of expenses). Other salaries and wages came to $535k. At year end it held assets of $1.7m against liabilities of $544k, net assets of $1.2m. It reported 29 employees.