Roots of Development Inc

Analysis

Roots of Development Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Roots of Development Inc reported income of $493k and spending of $376k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $493k (+130%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Roots of Development Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 43rd percentile within DC. Charities of a similar size with the same main cause include World Educational Relief ($493k), One by One ($494k) and Peace and Justice Center Inc ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $99k (26% of expenses). At year end it held assets of $163k against liabilities of $4,774, net assets of $159k. It reported 1 employees.