Solar United Neighbors

Analysis

Solar United Neighbors is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2014, 12 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 United Neighbors reported income of $9.2m and spending of $8.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $9.2m (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 80% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Solar United Neighbors sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 86th percentile within DC. Charities of a similar size with the same main cause include Shasta Land Trust ($9.2m), Recycle Ann Arbor ($9.3m) and Oregon Climate Trust ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $223k (2.7% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $8.6m against liabilities of $715k, net assets of $7.9m. It reported 70 employees.