Solano Diversfield Services Inc

Analysis

Solano Diversfield Services Inc is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in December 1983, 43 years ago. 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 2023, Solano Diversfield Services Inc reported income of $7.3m and spending of $5.2m, leaving 28% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.4m to $7.3m (+64%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Solano Diversfield Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Monsignor Carr Institute ($7.3m), Fairview Fellowship Home for Senior Citizens Incorporated ($7.3m) and Housing Development Partners of San Diego ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $174k (3.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.7m against liabilities of $1.1m, net assets of $5.6m. It reported 140 employees.