Solo Gratia Inc

Analysis

Solo Gratia Inc is a registered charity in United States, based in Fallon, NV. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Solo Gratia Inc reported income of $383k and spending of $490k, spending 128% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $294k to $383k (+30%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 77%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Solo Gratia Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within NV. Charities of a similar size with the same main cause include Gathering Outreach Community Services ($383k), Squashdrive ($383k) and Lebanon Trail High School Band Booster Association ($383k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 80% of the total. Other salaries and wages came to $100k. At year end it held assets of $217k against liabilities of $92k, net assets of $125k. It reported 25 employees.