Hope Roots

Analysis

Hope Roots is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in October 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, Hope Roots reported income of $87k and spending of $86k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $87k (+15%), an average of +15% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hope Roots sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include James Weldon Johnson Literary Foundation Inc ($87k), The Prologue Society Inc ($87k) and Trinity-On-Main Ltd ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. At year end it held assets of $6,935 against liabilities of $1,274, net assets of $5,661.