Support Solutions Inc

Analysis

Support Solutions Inc is a registered charity in United States, based in Lewiston, ME. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2023, Support Solutions Inc reported income of $12.8m and spending of $12.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.3m to $12.8m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Support Solutions Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within ME. Charities of a similar size with the same main cause include Center for Food Action in New Jersey ($12.8m), Frost Valley YMCA ($12.8m) and Safehaven of Tarrant County ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $271k (2.2% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $4.9m against liabilities of $2.1m, net assets of $2.9m. It reported 304 employees.