Roots Young Adult Shelter

Analysis

Roots Young Adult Shelter is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Young Adult Shelter reported income of $1.7m and spending of $1.9m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.7m (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Roots Young Adult Shelter sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Community Homes of Lebanon Valley Inc ($1.7m), Crossroads Communities ($1.7m) and Morrisville Presbytarian Apartments Residents Association ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $119k (6.2% of expenses). Other salaries and wages came to $853k. It paid $39k in professional fundraising fees. At year end it held assets of $7.3m against liabilities of $4.2m, net assets of $3.1m. It reported 48 employees.