Solid Rock Southern Baptist Church

Analysis

Solid Rock Southern Baptist Church is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Solid Rock Southern Baptist Church reported income of $190k and spending of $163k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $190k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Solid Rock Southern Baptist Church sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 47th percentile within DE. Charities of a similar size with the same main cause include Kollel Nezikin Inc ($190k), WTL Ministries Inc ($190k) and New Life Ministries Carrying Thecross ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $29k (18% of expenses). At year end it held assets of $648k against liabilities of $569k, net assets of $79k.