Solomon Family Solutions

Analysis

Solomon Family Solutions is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in April 2016, 10 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 December 2023, Solomon Family Solutions reported income of $181k and spending of $188k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $198k to $181k (-8.6%), an average of -8.6% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Solomon Family Solutions sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Indiana Masonic Charities Incorporated ($181k), Boxes of Basics ($181k) and Cinco Ranch Church of Christ Early Childhood Development Corporation ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1 against liabilities of $12k, net assets of -$12k.