Room for Roots Inc

Analysis

Room for Roots Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Room for Roots Inc reported income of $96k and spending of $91k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $96k (+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 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Room for Roots Inc 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 36th percentile, and in the 34th percentile within NE. Charities of a similar size with the same main cause include Priority One Ministries ($96k), Summit Interfaith Council ($96k) and Zion Gospel Mission ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.