We Care Solar

Analysis

We Care Solar is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, We Care Solar reported income of $8.6m and spending of $4.5m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.3m to $8.6m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, We Care Solar sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Southeastern Arizona Behavioral Health Services Inc ($8.6m), Muslim American Social Services Inc ($8.6m) and Mosaic Family Health Inc ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $324k (7.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $13.0m against liabilities of $462k, net assets of $12.5m. It reported 15 employees.