One Roof Foundation

Analysis

One Roof Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, One Roof Foundation reported income of $3.5m and spending of $2.6m, leaving 26% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $573k to $3.5m (+514%), an average of +148% a year. The sharpest change came in the year to June 2022, when income rose by 260%. Over the whole period it spent 64% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, One Roof Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include NYC First Inc ($3.5m), Childrens Shelter Foundation ($3.5m) and Girl Scout Commonwealth Council of Virginia Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $31k. At year end it held assets of $2.7m against liabilities of $498k, net assets of $2.2m.