Solid State Depot

Analysis

Solid State Depot is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Solid State Depot reported income of $112k and spending of $107k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $112k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Solid State Depot sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include Pay It Forward Local Inc ($112k), Geneva Lake Womens Association Inc ($112k) and Employment Training Academy Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 3.3% of the total. At year end it held assets of $32k against liabilities of $692, net assets of $32k.