Solid Foundation Chapel Inc

Analysis

Solid Foundation Chapel Inc is a registered charity in United States, based in Canyon Cntry, CA. It received its IRS tax-exemption ruling in September 2007, 19 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 Foundation Chapel Inc reported income of $263k and spending of $200k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $192k to $263k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Solid Foundation Chapel Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Dream Mentors International Inc ($263k), Metro Worship Center ($263k) and Catedral Da Familia ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.