Rooftop US Inc

Analysis

Rooftop US Inc is a registered charity in United States, based in Conover, NC. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Rooftop US Inc reported income of $177k and spending of $170k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $177k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rooftop US Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Ethel J Nims Charitable Trust a ($177k), Renacer En Vida Nueva Inc ($177k) and Association Buddhist Center USA Inc ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.