Home Roots Foundation
Home Roots Foundation maintains strong financial health with growing assets and low expenses.
EIN: 161668954 · Washington, DC · NTEE: L20 · Updated: 2026-03-28
Is Home Roots Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Home Roots Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Home Roots Foundation
Home Roots Foundation (EIN: 161668954) is a nonprofit organization based in Washington, DC, classified under NTEE code L20. The organization reported total revenue of $44K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Roots Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home Roots Foundation is a micro nonprofit that has been operating for 22 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of -9.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $10K |
| Surplus / Deficit | +$34K |
| Total Assets | $75K |
| Net Assets | $75K |
| Operating Margin | 77.7% |
| Months of Reserves | 92.7 months |
Financial Health Grade: A
In 2024, Home Roots Foundation reported a surplus of $34K with revenue exceeding expenses, holds 92.7 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2023–2024), Home Roots Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.0% | +7.8% | +82.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Home Roots Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Home Roots Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation was reported in either the 2023 or 2024 filings, indicating a volunteer-led organization or one with very low overhead for executive functions, which is highly efficient for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Home Roots Foundation:
- Strong asset growth: Assets increased from $41,100 to $74,900 between 2023 and 2024.
- Very low expense ratio: Expenses were only $9,700 against $43,500 in revenue in 2024 (22.3%).
- Zero liabilities: The organization reports no liabilities in both filing periods, indicating strong financial stability.
- No reported officer compensation: Suggests a highly efficient, potentially volunteer-led operational model.
- Consistent financial surplus: Revenue consistently exceeds expenses, allowing for asset accumulation.
Frequently Asked Questions about Home Roots Foundation
Is Home Roots Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Home Roots Foundation (EIN: 161668954) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Home Roots Foundation spend its money?
Home Roots Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Home Roots Foundation tax-deductible?
Home Roots Foundation is registered as a tax-exempt nonprofit (EIN: 161668954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Home Roots Foundation a good charity?
Based on its financial filings, Home Roots Foundation appears to be a very good charity. It demonstrates excellent financial health, low expenses relative to revenue, and a strong ability to grow assets without incurring debt. The absence of officer compensation suggests a highly efficient, potentially volunteer-driven model.
How does Home Roots Foundation manage its finances?
Home Roots Foundation manages its finances very prudently. It consistently generates more revenue than expenses, leading to asset growth from $41,100 in 2023 to $74,900 in 2024. Expenses were only $9,700 against $43,500 in revenue in 2024, indicating highly efficient spending.
What is the trend in Home Roots Foundation's revenue and expenses?
Revenue slightly decreased from $47,800 in 2023 to $43,500 in 2024, while expenses remained very low and stable, increasing only slightly from $9,000 to $9,700 over the same period. Despite the slight revenue dip, the organization maintained a significant surplus.
Filing History
IRS 990 filing history for Home Roots Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Home Roots Foundation's revenue has declined by 9%, moving from $48K to $44K. Total assets increased by 82.2% over the same period, from $41K to $75K. Total functional expenses rose by 7.8%, from $9K to $10K. In its most recent filing year (2024), Home Roots Foundation reported a surplus of $34K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $44K | $10K | $75K | $0 | — | — |
| 2023 | $48K | $9K | $41K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home Roots Foundation:
Data Sources and Methodology
This transparency report for Home Roots Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.