Taproot Earth

Analysis

Taproot Earth is a registered charity in United States, based in Slidell, LA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Taproot Earth reported income of $32.8m and spending of $14.3m, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $7.4m to $32.8m (+345%), an average of +345% a year. The sharpest change came in the year to December 2023, when income rose by 345%. Over the whole period it spent 50% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Taproot Earth sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Chesapeake Bay Foundation Inc ($32.2m), Product Care Association ($32.8m) and Catskill Watershed Corporation ($31.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $741k (5.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $20.3m against liabilities of $134k, net assets of $20.1m. It reported 33 employees.