Roots Inc

Analysis

Roots Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Inc reported income of $69k and spending of $72k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $69k (+1.1%), an average of +1.1% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roots Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include St Louis Service Bureau ($69k), Breath of Life Ministries International Inc ($69k) and Kemarah S Chasing Rainbows ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.