Solstice Project Inc

Analysis

Solstice Project Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in August 1980, 46 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Solstice Project Inc reported income of $115k and spending of $93k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $115k (+393%), an average of +394% a year. The sharpest change came in the year to December 2023, when income rose by 393%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Solstice Project Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within NM. Charities of a similar size with the same main cause include Five Cities Youth Basketball League ($115k), Warren Library Association ($115k) and HRCD Corporation ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $417k against liabilities of $56k, net assets of $361k.