Rooted Academy

Analysis

Rooted Academy is a registered charity in United States, based in South Jordan, UT. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, 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, Rooted Academy reported income of $1.1m and spending of $983k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $647k to $1.1m (+72%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rooted Academy sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within UT. Charities of a similar size with the same main cause include Take the Lead Inc ($1.1m), Option to Success ($1.1m) and Good Neighbors Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $128k (13% of expenses). Other salaries and wages came to $377k. At year end it held assets of $584k against liabilities of $0, net assets of $584k. It reported 32 employees.