Solomons Porch Inc

Analysis

Solomons Porch Inc is a registered charity in United States, based in Dayton, TN. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Solomons Porch Inc reported income of $135k and spending of $123k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $135k (+4.6%), an average of +4.6% a year. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Solomons Porch Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within TN. Charities of a similar size with the same main cause include Life Ministries Global USA Inc ($135k), Lynnwood Rotary Community Foundation ($135k) and Institute of Theology and Christian Ministry Foundation ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $384k against liabilities of $0, net assets of $384k.