Filipino Community of Solano County Inc

Analysis

Filipino Community of Solano County Inc is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in August 2012, 14 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, Filipino Community of Solano County Inc reported income of $772k and spending of $249k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $150k to $772k (+414%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 348%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Filipino Community of Solano County Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Adore Ministries Inc ($772k), Celebration Ministries Inc ($772k) and Bible2school ($772k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $2.2m against liabilities of $1.4m, net assets of $830k.