Solar Austin

Analysis

Solar Austin is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2016, 10 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, Solar Austin reported income of $138k and spending of $163k, spending 118% of what it took in. Across the 3 years on record, from September 2021 to December 2023, income grew from $137k to $138k (+1.0%), an average of +0.5% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Solar Austin sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Southwestern Indiana Master Gardener Association Inc ($138k), 1000 Friends of Iowa ($138k) and Illinois Valley Watershed Council ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $84k (51% of expenses). Other salaries and wages came to $26k. At year end it held assets of $60k against liabilities of $0, net assets of $60k. It reported 4 employees.