The Solutions Center Inc

Analysis

The Solutions Center Inc is a registered charity in United States, based in Mitchell, IN. It received its IRS tax-exemption ruling in January 1996, 30 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 September 2023, The Solutions Center Inc reported income of $3.2m and spending of $3.1m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $3.2m (+61%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Solutions Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Oberlin Community Services Council ($3.2m), Rsa Foundation ($3.2m) and Avenues to Community Inc ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $1.4m against liabilities of $729k, net assets of $629k. It reported 165 employees.