S O L I D

Analysis

S O L I D is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, S O L I D reported income of $146k and spending of $84k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $146k (+141%), an average of +141% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, S O L I D sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include West Oakland Mural Project ($146k), Morningstar Foundation for Adults with Autism Inc ($146k) and Reins of Life Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.