AArts, Culture & HumanitiesEIN: 472629761· Ruling Year: 2015

Solace House Inc

Long Island City, New York

CHealth Score
37C

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Below Average

💰
$546K
Total Revenue
📊
$608K
Total Expenses
🏦
-$28K
Net Assets
📋
$105K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.7%
Year-over-year change (2022 → 2023)
Net Margin
-11.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.05
Net assets divided by total expenses
Liabilities-to-Assets
135.9%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$546,40410%$608,3958%$77,45016%
2022$605,2535%$561,6152%$66,48854%
2021$575,0204%$571,161$43,13463%
2020$595,92620%$572,4607%$116,830134%
2019$497,45223%$537,4349%$49,9873%
2018$405,8985%$491,33038%$51,39862%
2017$426,209103%$356,22819%$134,061184%
2016$210,05425%$299,02482%$47,20976%
2015$280,638$164,404$193,224

Frequently Asked Questions

What does Solace House Inc do?

Solace House Inc is a arts, culture & humanities nonprofit organization based in New York. It is classified under NTEE code A20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Solace House Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Solace House Inc.

How much revenue does Solace House Inc generate?

Solace House Inc reports $585K in annual revenue and holds $72K in total assets, based on IRS filings.

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