Searching for Solutions Institute Inc

Analysis

Searching for Solutions Institute Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Searching for Solutions Institute Inc reported income of $1.0m and spending of $959k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $737k to $1.0m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Searching for Solutions Institute Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Highland Public Library ($1.0m), Champs Male Mentoring Program - Chirise ($1.0m) and Diverse Learners Cooperative ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $426k against liabilities of $0, net assets of $426k.