Solar Village Project Inc

Analysis

Solar Village Project Inc is a registered charity in United States, based in Crofton, MD. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 January 2024, Solar Village Project Inc reported income of $220k and spending of $241k, spending 109% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income fell from $228k to $220k (-3.6%), an average of -3.6% a year. Over the whole period it spent 109% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Solar Village Project Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Doyle Jones Ministries Inc ($220k), Blossoming Rose ($221k) and Building New Hope ($220k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (15% of expenses). At year end it held assets of $45k against liabilities of $0, net assets of $45k. It reported 1 employees.