Mountain Roots Inc
Analysis
Mountain Roots Inc is a registered charity in United States, based in Cedar MTN, NC. It received its IRS tax-exemption ruling in July 2009, 17 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Mountain Roots Inc reported income of $116k and spending of $113k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $116k (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mountain Roots Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Ivy & Pearl Foundation of Dallas ($116k), St Johns Lutheran Home for Children ($116k) and Women in Construction Operations ($116k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $84k. At year end it held assets of $4,404 against liabilities of $1,330, net assets of $3,074. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 77%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ivy & Pearl Foundation of Dallas | Dallas | $116k |
| St Johns Lutheran Home for Children | Tonawanda | $116k |
| Women in Construction Operations | Irvine | $116k |
| Mathematical Optimization Society Inc | Philadelphia | $116k |