Community Solidarity Inc

Analysis

Community Solidarity Inc is a registered charity in United States, based in Huntington, NY. It received its IRS tax-exemption ruling in May 2011, 15 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, Community Solidarity Inc reported income of $35.2m and spending of $35.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.2m to $35.2m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 51%. 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, Community Solidarity Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Bonei Olam Inc ($35.2m), Butler County Childrens Center Inc ($35.3m) and Exceptional Childrens Foundation a Corp ($35.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (0.2% of expenses). At year end it held assets of $365k against liabilities of $4,249, net assets of $361k. It reported 1 employees.