Solar Light for Africa Ltd

Analysis

Solar Light for Africa Ltd is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in December 2003, 23 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 Light for Africa Ltd reported income of $101k and spending of $100k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $101k (+108%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Solar Light for Africa Ltd sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Oceanswide Inc ($101k), Apache Junction Rock and Gem Club Inc ($101k) and Pearl Fryar Topiary Garden ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.