Deeproots Bible Inc

Analysis

Deeproots Bible Inc is a registered charity in United States, based in San Juan Capo, CA. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Deeproots Bible Inc reported income of $201k and spending of $28k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $201k (+570%), an average of +570% a year. The sharpest change came in the year to December 2023, when income rose by 570%. Over the whole period it spent 20% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Deeproots Bible Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Encouragers Unlimited ($201k), Gospel of John Mission Inc ($201k) and One Heart Ministries Inc ($201k).

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 $196k against liabilities of $11k, net assets of $185k.