Solid Rock Youth Ministries Inc

Analysis

Solid Rock Youth Ministries Inc is a registered charity in United States, based in Palacios, TX. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Solid Rock Youth Ministries Inc reported income of $242k and spending of $182k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $164k to $242k (+48%), an average of +48% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Solid Rock Youth Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Reb Sports Academy ($242k), Loaves and Fishes Ministry Inc ($242k) and Soul River Inc ($242k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $156k against liabilities of $0, net assets of $156k.