Solutions of Change

Analysis

Solutions of Change is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Solutions of Change reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $329k to $1.2m (+257%), an average of +89% a year. The sharpest change came in the year to December 2022, when income rose by 147%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Solutions of Change sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NV. Charities of a similar size with the same main cause include Disability Resource in Homeservices Inc ($1.2m), Appalachian Teen Challenge ($1.2m) and Gwendolyn Strong Foundation ($1.2m).

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 $70k (6.7% of expenses). Other salaries and wages came to $458k. At year end it held assets of $141k against liabilities of $0, net assets of $141k. It reported 15 employees.