Solano Land Trust

Analysis

Solano Land Trust is a registered charity in United States, based in Vacaville, CA. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, Solano Land Trust reported income of $7.5m and spending of $2.5m, leaving 66% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.8m to $7.5m (+11%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 35% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Solano Land Trust sits at the 93rd percentile: it is larger than about 93% 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 First Americans Museum Foundation ($7.5m), Alger-Marquette Community Action Board ($7.5m) and Moise Safra Community Center Inc ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $159k (6.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $85.0m against liabilities of $3.2m, net assets of $81.9m. It reported 22 employees.