Rooted Ministries Inc

Analysis

Rooted Ministries Inc is a registered charity in United States, based in Homewood, AL. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Rooted Ministries Inc reported income of $745k and spending of $930k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $450k to $745k (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 558%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rooted Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Interamerican Scout Foundation ($744k), Empower Hope USA ($745k) and Voice Community Economic Development Corporation ($744k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $49k (5.2% of expenses). At year end it held assets of $391k against liabilities of $309, net assets of $390k. It reported 13 employees.