Roots Connected Inc

Analysis

Roots Connected Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2019, 7 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 2022, Roots Connected Inc reported income of $116k and spending of $374k, spending 323% of what it took in. Across the 3 years on record, from June 2020 to June 2022, income fell from $399k to $116k (-71%), an average of -46% a year. The sharpest change came in the year to June 2022, when income dropped by 73%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roots Connected Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Foundation for Mascoutah Schools Inc ($116k), Ukiah Educational Foundation ($116k) and Wasatch Mountain Institute ($116k).

On its Form 990-EZ for the period ending June 2022, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $90k against liabilities of $38, net assets of $90k.