Project Rooted Inc

Analysis

Project Rooted Inc is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Project Rooted Inc reported income of $162k and spending of $133k, spending 82% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $224k to $162k (-28%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Rooted Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include Harbor 58 Ministries Inc ($162k), Arecibo Adult Day Care Inc ($162k) and Sierra Vista Symphony Association ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.