Solid Rock Mission

Analysis

Solid Rock Mission is a registered charity in United States, based in Marysville, WA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Solid Rock Mission reported income of $671k and spending of $563k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $226k to $671k (+196%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 150%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Solid Rock Mission sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Leaders Collective ($670k), Grace Reigns Inc ($671k) and Chosen 300 Ministries Inc ($670k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (6.7% of expenses). At year end it held assets of $288k against liabilities of $12k, net assets of $276k. It reported 1 employees.