Solid Rock Community School Inc

Analysis

Solid Rock Community School Inc is a registered charity in United States, based in Tarpon SPGS, FL. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Solid Rock Community School Inc reported income of $3.9m and spending of $4.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.0m to $3.9m (-2.1%), an average of -0.5% a year. The sharpest change came in the year to June 2020, when income dropped by 34%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Solid Rock Community School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Communities in Schools of Virginia ($3.9m), Lititz Christian School ($3.9m) and Ross-Ade Foundation ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $381k (9.4% of expenses). Other salaries and wages came to $1.2m. It paid $6,229 in professional fundraising fees. At year end it held assets of $11.1m against liabilities of $7.1m, net assets of $4.0m. It reported 63 employees.