Solidarity STL Inc

Analysis

Solidarity STL Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Solidarity STL Inc reported income of $254k and spending of $259k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $344k to $254k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Solidarity STL Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within MO. Charities of a similar size with the same main cause include High Adventure Gospel Communication Ministries Inc ($254k), 2020 Farmers Cooperative Incorporated ($254k) and Global Pendulum ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $91k. At year end it held assets of $104k against liabilities of $908, net assets of $103k. It reported 2 employees.