Solomon Valley Transportation Inc

Analysis

Solomon Valley Transportation Inc is a registered charity in United States, based in Beloit, KS. It received its IRS tax-exemption ruling in October 2014, 12 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, Solomon Valley Transportation Inc reported income of $442k and spending of $417k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $426k to $442k (+3.7%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Solomon Valley Transportation Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KS. Charities of a similar size with the same main cause include California Immunization Coalition ($442k), Odessa Links Inc ($442k) and Rocc NYC Incorporated ($442k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 5.3% of the total. Other salaries and wages came to $198k. At year end it held assets of $730k against liabilities of $17k, net assets of $713k. It reported 20 employees.