Solutions for Care

Analysis

Solutions for Care is a registered charity in United States, based in Riverside, IL. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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 September 2023, Solutions for Care reported income of $3.3m and spending of $2.9m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $3.3m (+120%), an average of +22% a year. The sharpest change came in the year to September 2021, when income rose by 35%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Solutions for Care sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Produce Perks Midwest Inc ($3.3m), Pinemere Camp Association Inc ($3.3m) and Legal Aid Society of San Bernardino ($3.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $192k (6.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.6m against liabilities of $599k, net assets of $2.0m. It reported 41 employees.