Rooted
Analysis
Rooted is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Rooted reported income of $2.1m and spending of $5.7m, spending 278% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.1m to $2.1m (-75%), an average of -29% a year. The sharpest change came in the year to June 2023, when income dropped by 62%. Over the whole period it spent 104% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Rooted sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Georgia Independent College Association Inc ($2.0m), Marathon Public Library ($2.1m) and North Dakota Adult & Teen Challenge Inc ($2.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $329k (5.8% of expenses). Other salaries and wages came to $528k. At year end it held assets of $1.5m against liabilities of $282k, net assets of $1.2m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Georgia Independent College Association Inc | Atlanta | $2.0m |
| Marathon Public Library | Marathon | $2.1m |
| North Dakota Adult & Teen Challenge Inc | Mandan | $2.0m |
| Mr Hollands Opus Foundation Inc | Burbank | $2.1m |