MSK Solutions

Analysis

MSK Solutions is a registered charity in United States, based in Fairfield, CA. It received its IRS tax-exemption ruling in May 2004, 22 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 December 2023, MSK Solutions reported income of $2.7m and spending of $2.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.7m (+139%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, MSK Solutions sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Htas de Los Ancianos Desamparados Hogar Sta Teresa Jornet de Cupey ($2.7m), Open Pantry Community Service Inc ($2.7m) and Good Samaritan Services ($2.7m).

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 $185k (6.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $477k against liabilities of $1.0m, net assets of -$552k. It reported 49 employees.