Solide Incorporated

Analysis

Solide Incorporated is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 August 2023, Solide Incorporated reported income of $90k and spending of $107k, spending 119% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $99k to $90k (-8.6%), an average of -2.2% a year. The sharpest change came in the year to August 2021, when income rose by 121%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Solide Incorporated sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Matchingdonors Com Inc ($90k), Association for Research in Personality ($90k) and Kansas Lions Sight Foundation Inc ($90k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 22% of the total. Compensation of current officers, directors and key employees was $39k (36% of expenses). At year end it held assets of $174k against liabilities of $101k, net assets of $73k. It reported 2 employees.