Shelter Solano Inc

Analysis

Shelter Solano Inc is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Shelter Solano Inc reported income of $3.5m and spending of $2.6m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $3.5m (+236%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 293%. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shelter Solano Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Manchester Neighborhood Housing Services Inc ($3.5m), Advanced Living Inc ($3.5m) and The Catalyst Foundation ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $8.6m against liabilities of $2.6m, net assets of $6.0m.