Deep Roots Inc

Analysis

Deep Roots Inc is a registered charity in United States, based in Earleville, MD. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Deep Roots Inc reported income of $997k and spending of $888k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $986k to $997k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Deep Roots Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Companions & Homemakers by Nancy & Hazel Inc ($997k), St Andrews Manor ($997k) and Harvest Christian Ministries Inc ($997k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $293k. At year end it held assets of $1.1m against liabilities of $41k, net assets of $1.1m. It reported 13 employees.