Solon Center for Research and Publishing

Analysis

Solon Center for Research and Publishing is a registered charity in United States, based in Solon, ME. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Solon Center for Research and Publishing reported income of $1.3m and spending of $976k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $1.3m (+523%), an average of +58% a year. The sharpest change came in the year to December 2021, when income rose by 195%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Solon Center for Research and Publishing sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within ME. Charities of a similar size with the same main cause include Arts Corps ($1.3m), The Washington Chorus Inc ($1.3m) and Compass Science Communication Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.