Solid Rock Housing Support

Analysis

Solid Rock Housing Support is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in December 2020, 6 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Solid Rock Housing Support reported income of $346k and spending of $461k, spending 133% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $668k to $346k (-48%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 31%. Over the whole period it spent 127% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Solid Rock Housing Support sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Westerner Mutual Housing Association ($346k), Plymouth Place ($346k) and Maximum Accessible Housing-Avon ($346k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.0% and program service revenue 7.9% of the total. Other salaries and wages came to $302k. At year end it held assets of $487k against liabilities of $204k, net assets of $283k. It reported 9 employees.