American Solar Energy Society Inc
Analysis
American Solar Energy Society Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in January 1980, 46 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, American Solar Energy Society Inc reported income of $573k and spending of $614k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $415k to $573k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 66%. 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, American Solar Energy Society Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Raritan Baykeeper Inc ($572k), Curry Watersheds Nonprofit ($573k) and Energy Vision ($571k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $118k (19% of expenses). Other salaries and wages came to $183k. At year end it held assets of $198k against liabilities of $18k, net assets of $180k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 68%
- Program services 30%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Raritan Baykeeper Inc | Hazlet | $572k |
| Curry Watersheds Nonprofit | Gold Beach | $573k |
| Energy Vision | New York | $571k |
| Harbor District Inc | Milwaukee | $575k |