New Roots Fund

Analysis

New Roots Fund is a registered charity in United States, based in Auburn, WA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, New Roots Fund reported income of $504k and spending of $500k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $461k to $504k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, New Roots Fund sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Japan America Society of the State ($504k), L3 International ($504k) and Operation Fistula ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. At year end it held assets of $946k against liabilities of $656k, net assets of $291k.