Deep Roots Charter School

Analysis

Deep Roots Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Deep Roots Charter School reported income of $6.0m and spending of $6.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $6.0m (+55%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 43%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Deep Roots Charter School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Learner-Centered School Inc ($6.0m), Great Oaks Charter School - Wilmington Inc ($6.0m) and Global Glimpse ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $193k (3.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $7.0m against liabilities of $4.4m, net assets of $2.7m. It reported 72 employees.