Cleveland Roots Inc

Analysis

Cleveland Roots Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Cleveland Roots Inc reported income of $120k and spending of $123k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $120k (-36%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cleveland Roots Inc 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 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Aris Foundation Inc ($120k), Ramblin Vewe Farm TR ($120k) and Faculty of Federal Advocates ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 21% of the total. At year end it held assets of $458k against liabilities of $54k, net assets of $404k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.