Solana Center for Environmental Innovation

Analysis

Solana Center for Environmental Innovation is a registered charity in United States, based in Encinitas, CA. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2024, Solana Center for Environmental Innovation reported income of $1.3m and spending of $1.2m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $595k to $1.3m (+125%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Solana Center for Environmental Innovation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Regional Water Management Foundation a Subsidiary of the ($1.3m), Lakesides River Park Conservancy ($1.3m) and New Mexico Acequia Association ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $95k (8.0% of expenses). Other salaries and wages came to $809k. At year end it held assets of $1.1m against liabilities of $172k, net assets of $915k. It reported 29 employees.