Solace Charities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 61,544 | 25,811 | 35,733 | 16.7 | 0% |
| 2019 | 80,637 | 101,618 | −20,981 | 1.7 | 0% |
| 2020 | 128,089 | 136,111 | −8,022 | 0.6 | 0% |
| 2021 | 161,687 | 133,916 | 27,771 | 3.1 | 0% |
| 2022 | 212,868 | 233,328 | −20,460 | 0.7 | 0% |
| 2023 | 223,798 | 163,558 | 60,240 | 5.4 | 0% |
In its most recent public year (2023), this organization brought in $60,240 more than it spent. Its reserves stood at about 5.4 months of spending, down from 16.7 in 2018. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Solace Charities Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works