Solid Rock Carpenters

Analysis

Solid Rock Carpenters is a registered charity in United States, based in Park Ridge, IL. It received its IRS tax-exemption ruling in February 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Solid Rock Carpenters reported income of $174k and spending of $25k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,500 to $174k (+11523%), an average of +11523% a year. The sharpest change came in the year to December 2023, when income rose by 11523%. Over the whole period it spent 29% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Solid Rock Carpenters sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Blue River II Inc ($174k), Housing Alliance of Texas ($174k) and Abba House Foundation ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.