Roots of Progress

Analysis

Roots of Progress is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in October 2021, 5 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, Roots of Progress reported income of $293k and spending of $641k, spending 219% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $555k to $293k (-47%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roots of Progress sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OR. Charities of a similar size with the same main cause include Elijah Foundation ($293k), Elder Orphan Care ($293k) and Harrison County Council on Aging ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $371k (58% of expenses). At year end it held assets of $258k against liabilities of $5,881, net assets of $253k. It reported 2 employees.