Friends of Roots

Analysis

Friends of Roots is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Friends of Roots reported income of $91k and spending of $30k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,138 to $91k (+7931%), an average of +7931% a year. The sharpest change came in the year to December 2023, when income rose by 7931%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Roots sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Utah Federation of Music Clubs ($91k), Childrens Museum of Eastern Oregon ($91k) and Da Poetry Lounge Co ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 16% of the total. At year end it held assets of $267k against liabilities of $0, net assets of $267k.