Solid Grounds Ministries Inc

Analysis

Solid Grounds Ministries Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Solid Grounds Ministries Inc reported income of $66k and spending of $138k, spending 208% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $66k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 131% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Solid Grounds Ministries Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 32nd percentile within SC. Charities of a similar size with the same main cause include Arlington Rowing Association Inc ($66k), Seminole Shooting Stars Soccer Association Inc ($66k) and Total Outdoorsmen Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.