Deep Roots School Inc
Analysis
Deep Roots School Inc is a registered charity in United States, based in Scotch Plains, NJ. It received its IRS tax-exemption ruling in October 2019, 7 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 2024, Deep Roots School Inc reported income of $328k and spending of $302k, spending 92% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $189k to $328k (+73%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Deep Roots School Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Center for Employment Education ($328k), California Community Colleges Chief Instructional Officers Inc ($328k) and Morristown Covenant Academy ($328k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $45k (15% of expenses). Other salaries and wages came to $155k. At year end it held assets of $172k against liabilities of $8,620, net assets of $163k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.7%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Center for Employment Education | Anchorage | $328k |
| California Community Colleges Chief Instructional Officers Inc | Encino | $328k |
| Morristown Covenant Academy | Morristown | $328k |
| Clyde-Savannah Public Library | Clyde | $328k |