Roots of Humanity Foundation Inc

Analysis

Roots of Humanity Foundation Inc is a registered charity in United States, based in Lehi, UT. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Humanity Foundation Inc reported income of $2.6m and spending of $2.0m, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $550k to $2.6m (+374%), an average of +68% a year. The sharpest change came in the year to December 2021, when income rose by 150%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roots of Humanity Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include Taproot Theatre ($2.6m), Madison Opera Inc ($2.6m) and Mount Washington Observatory ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 1.9% of the total. Other salaries and wages came to $280k. At year end it held assets of $2.2m against liabilities of $76k, net assets of $2.1m.