Roots Network

Analysis

Roots Network is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Network reported income of $436k and spending of $427k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $436k (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Roots Network sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Revoice ($436k), Sophia Ruffin Global Ministries ($436k) and Campus Christian Fellowship ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $107k (25% of expenses). Other salaries and wages came to $4,065. At year end it held assets of $248k against liabilities of $14k, net assets of $235k. It reported 3 employees.