Solidarity

Analysis

Solidarity is a registered charity in United States, based in Placentia, CA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Solidarity reported income of $429k and spending of $533k, spending 124% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income fell from $947k to $429k (-55%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 128%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Solidarity sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Multicultrual Women Executive Leadership Foundation ($429k), Seven Lakes High School Athletic Booster Club ($429k) and North Hills Instrumental Parents Association ($429k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 1.1% of the total. Other salaries and wages came to $358k. At year end it held assets of $180k against liabilities of $32k, net assets of $147k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.