Sol Care Services Inc

Analysis

Sol Care Services Inc is a registered charity in United States, based in Pharr, TX. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Sol Care Services Inc reported income of $10.1m and spending of $10.2m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $10.2m to $10.1m (-0.2%), an average of -0.1% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sol Care Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include YWCA Central Massachusetts Inc ($10.1m), Jewish Community Center ($10.2m) and Jewish Federation of Greater Harrisburg ($10.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $813k against liabilities of $828k, net assets of -$15k. It reported 20 employees.