Rooted 303

Analysis

Rooted 303 is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in June 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, Rooted 303 reported income of $207k and spending of $196k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $207k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rooted 303 sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Allred Chapel Project ($207k), Way to Battle ($207k) and Horizons Unlimited Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $33k (17% of expenses). Other salaries and wages came to $41k. At year end it held assets of $40k against liabilities of $19k, net assets of $21k. It reported 2 employees.