Solid Rock Ministries of Vidor Inc

Analysis

Solid Rock Ministries of Vidor Inc is a registered charity in United States, based in Vidor, TX. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Solid Rock Ministries of Vidor Inc reported income of $163k and spending of $177k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $219k to $163k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Solid Rock Ministries of Vidor Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Emmaus Journey ($163k), M25 Barbecue Inc ($163k) and Ministerios Fraternidad Cristiana New Rochelle Inc ($163k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $18k (9.9% of expenses). At year end it held assets of $507k against liabilities of $0, net assets of $507k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.