Building Solid Foundations Inc

Analysis

Building Solid Foundations Inc is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in July 2004, 22 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 June 2024, Building Solid Foundations Inc reported income of $76k and spending of $77k, spending 100% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $76k to $76k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Building Solid Foundations Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Cape Royal Community Foundation Inc ($76k), Muggsy Bogues Family Foundation ($76k) and Stateline Works of Mercy Inc ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.