Solventas Foundation

Analysis

Solventas Foundation is a registered charity in United States, based in Leawood, KS. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Solventas Foundation reported income of $3.3m and spending of $1.4m, leaving 57% of income unspent that year. Over the whole period it spent 43% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Solventas Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Center for Humanitarian Outreach and Intercultural Exchange ($3.3m), Doulos Partners ($3.3m) and Zahra Foundation Ltd ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $121k (8.4% of expenses). Other salaries and wages came to $905k. At year end it held assets of $2.4m against liabilities of $525k, net assets of $1.9m. It reported 21 employees.