Vote Solar

Analysis

Vote Solar is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 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, Vote Solar reported income of $9.4m and spending of $9.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.8m to $9.4m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Vote Solar 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 95th percentile within CA. Charities of a similar size with the same main cause include California Rural Water Association ($9.3m), Environmental Health Coalition ($9.4m) and The Finger Lakes Land Trust Inc ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $1.2m (12% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $14.8m against liabilities of $763k, net assets of $14.1m. It reported 50 employees.