Vacaville Solano Services Corporation

Analysis

Vacaville Solano Services Corporation is a registered charity in United States, based in Vacaville, CA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Vacaville Solano Services Corporation reported income of $2.3m and spending of $2.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.3m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vacaville Solano Services Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include House of Refuge Sunnyslope Inc ($2.3m), Josephs House for Women Inc ($2.3m) and New Community Shelter Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.0m against liabilities of $3.5m, net assets of -$493k. It reported 82 employees.

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.