Solutions Education Center Inc

Analysis

Solutions Education Center Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Solutions Education Center Inc reported income of $521k and spending of $454k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $341k to $521k (+53%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Solutions Education Center Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Michigan Psychoanalytic Institute Inc ($521k), Bridges Mental Health Consumer Empowerment ($521k) and Reboot RX Inc ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $90k (20% of expenses). Other salaries and wages came to $177k. At year end it held assets of $207k against liabilities of $88k, net assets of $119k. It reported 6 employees.