Roots for Life Corporation

Analysis

Roots for Life Corporation is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in February 2020, 6 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 for Life Corporation reported income of $150k and spending of $127k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $150k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roots for Life Corporation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Bridge 2 Home ($150k), George Faile Foundation Inc ($150k) and Arizona Coalition for Victim Services ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.