Solid Rock International Ministries Inc

Analysis

Solid Rock International Ministries Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Solid Rock International Ministries Inc reported income of $173k and spending of $171k, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $205k to $173k (-16%), an average of -3.4% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Solid Rock International Ministries Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Brazil River of Life Ministries ($173k), Crossroads International ($173k) and Troubadour International ($173k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9,377 against liabilities of $0, net assets of $9,377.