New Roots Community Farm

Analysis

New Roots Community Farm is a registered charity in United States, based in Fayetteville, WV. It received its IRS tax-exemption ruling in April 2022, 4 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 (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, New Roots Community Farm reported income of $668k and spending of $529k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $359k to $668k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Roots Community Farm sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within WV. Charities of a similar size with the same main cause include A Fathers Way ($668k), Michelle Chiou Foundation Inc ($668k) and Neighborhood Christian Center ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $103k (20% of expenses). Other salaries and wages came to $157k. At year end it held assets of $315k against liabilities of $31k, net assets of $284k. It reported 12 employees.