Community Roots Holding Foundation
Analysis
Community Roots Holding Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Community Roots Holding Foundation reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $1.8m (-53%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 76%. Over the whole period it spent 94% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Roots Holding Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Waicu Educational Technology Consortium Inc ($1.8m), United Way of Horry County Inc ($1.8m) and Groundwork Hudson Valley Inc ($1.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $96k (5.4% of expenses). It paid $56k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $115k, net assets of $1.5m.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Waicu Educational Technology Consortium Inc | Madison | $1.8m |
| United Way of Horry County Inc | Myrtle Beach | $1.8m |
| Groundwork Hudson Valley Inc | Yonkers | $1.8m |
| Mesa United Way Inc | Mesa | $1.8m |