Solarfest Inc

Analysis

Solarfest Inc is a registered charity in United States, based in N Bennington, VT. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Solarfest Inc reported income of $392k and spending of $83k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $669k to $392k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 18% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Solarfest Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 60th percentile within VT. Charities of a similar size with the same main cause include Leila Arboretum Society Inc ($392k), Saginaw Bay Walleye Club Inc Conservation Fund ($392k) and Colebrook Land Conservancy Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. At year end it held assets of $651k against liabilities of $0, net assets of $651k.