Solomons Porch Ministries

Analysis

Solomons Porch Ministries is a registered charity in United States, based in McQueeney, TX. It received its IRS tax-exemption ruling in April 2020, 6 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, Solomons Porch Ministries reported income of $174k and spending of $141k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $255k to $174k (-32%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Solomons Porch Ministries 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 51st percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Gary Crowl International Ministries Inc ($174k), Ambassadors of Peace ($174k) and Church Guilty of Love Inc ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.