Solid Ground School

Analysis

Solid Ground School is a registered charity in United States, based in Millfield, OH. It received its IRS tax-exemption ruling in October 2019, 7 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Solid Ground School reported income of $321k and spending of $277k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $281k to $321k (+14%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Solid Ground School sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Fair Foundation Inc ($321k), Darwin R Barker Library ($321k) and Montana Academy of Pediatric Physicians Inc ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $5,385 (1.9% of expenses). At year end it held assets of $222k against liabilities of $35k, net assets of $188k. It reported 8 employees.