Charity Search / SOLOMON HOUSE
Food, Agriculture & Nutrition (K30) 990 on File

SOLOMON HOUSE

EIN: 72-1425609 · NEW IBERIA, LA 70560-4506 · United States · FY 2023 Data
3 out of 5 45 / 100 Based on 2+ years of filings
Financial strength (30%) 78/100
Reliability (20%) 55/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$87K
Total Revenue
$93K
Total Expenses
$339K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 67.6%
Fundraising Efficiency N/A
Operating Reserve 43.50x
Liability-to-Asset 0.4%
Revenue Diversification 93.7%
Compared with Peers
FY 2023
Compared with 2,196 similar organizations (United States, Food, Agriculture & Nutrition, under $100K in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
67.6% 88.4%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
43.5 mo 19.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.4% 0.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
93.7% 100.0%
P10P90
Above median
Revenue growth
Year over year revenue growth
-11.6% 0.6%
P10P90
Expense growth
Year over year expense growth
-14.9% 5.5%
P10P90
Surplus margin
Surplus as a share of revenue
-7.7% 10.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $87K $93K $339K 67.6%
2022 $98K $110K $343K 63.8%
2021 $241K $73K N/A 3
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Organization Details
EIN
72-1425609
State
LA
City
NEW IBERIA
ZIP
70560-4506
Classification
K30
Category
Food, Agriculture & Nutrition
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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