Mighty Roots Academy

Analysis

Mighty Roots Academy is a registered charity in United States, based in Grandview, MO. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mighty Roots Academy reported income of $262k and spending of $212k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $146k to $262k (+80%), an average of +80% a year. The sharpest change came in the year to June 2024, when income rose by 80%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mighty Roots Academy sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within MO. Charities of a similar size with the same main cause include Agape Interfaith Ministries International Inc ($262k), Adoption Options Inc ($262k) and Jamia Islamia Darul Uloom Detroit ($262k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.