4roots Foundation Inc

Analysis

4roots Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, 4roots Foundation Inc reported income of $3.6m and spending of $2.5m, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $751k to $3.6m (+374%), an average of +48% a year. The sharpest change came in the year to September 2020, when income rose by 503%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 4roots Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Annette and Paul Smith Charitable Fund ($3.6m), Flatbush Community Fund Inc ($3.6m) and Independent Group Home Living ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $158k (6.2% of expenses). Other salaries and wages came to $846k. At year end it held assets of $18.5m against liabilities of $4.3m, net assets of $14.3m. It reported 54 employees.