Solutions That Empower People Inc

Analysis

Solutions That Empower People Inc is a registered charity in United States, based in Rocky Mount, VA. It received its IRS tax-exemption ruling in September 1966, 60 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Solutions That Empower People Inc reported income of $4.9m and spending of $4.7m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.0m to $4.9m (-1.8%), an average of -0.6% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Solutions That Empower People Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Baltimore Community Lending Inc ($4.9m), Albina Vision Inc ($4.9m) and Big Bend Jobs & Education Council Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $3.2m against liabilities of $1.2m, net assets of $2.0m. It reported 84 employees.