Rootead Enrichment Center

Analysis

Rootead Enrichment Center is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in April 2015, 11 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 April 2023, Rootead Enrichment Center reported income of $1.4m and spending of $1.1m, leaving 26% of income unspent that year. Across the 3 years on record, from April 2021 to April 2023, income grew from $841k to $1.4m (+69%), an average of +30% a year. The sharpest change came in the year to April 2022, when income rose by 69%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rootead Enrichment Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Columbia Stage Society ($1.4m), Idaho Falls Arts Council Inc ($1.4m) and Twispworks Foundation ($1.4m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $86k (8.1% of expenses). Other salaries and wages came to $388k. At year end it held assets of $1.5m against liabilities of $26k, net assets of $1.5m. It reported 18 employees.