Solid Rock Food Closet
Sparta, North Carolina
B+Health Score
73B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$233K
Total Revenue
📊
$148K
Total Expenses
🏦
$408K
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+16.8%
Year-over-year change (2022 → 2023)
Net Margin
+36.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.76
Net assets divided by total expenses
Liabilities-to-Assets
0.7%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $233,483↑17% | $147,907↓14% | $411,072↑26% | — |
| 2022 | $199,942↑12% | $172,745↑13% | $325,444↑9% | — |
| 2021 | $179,277 | $153,204 | $298,056 | — |
Frequently Asked Questions
What does Solid Rock Food Closet do?▼
Solid Rock Food Closet is a food, agriculture & nutrition nonprofit organization based in North Carolina. It is classified under NTEE code K30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Solid Rock Food Closet financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Solid Rock Food Closet.
How much revenue does Solid Rock Food Closet generate?▼
Solid Rock Food Closet reports $227K in annual revenue and holds $457K in total assets, based on IRS filings.
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