Texas Solar Energy Society Inc

Analysis

Texas Solar Energy Society Inc is a registered charity in United States, based in Bastrop, TX. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Solar Energy Society Inc reported income of $334k and spending of $289k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $334k (+298%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 301%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Texas Solar Energy Society Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Middlebury Land Trust Inc ($334k), Pedal It Forward Nwa ($335k) and I Care Corporation ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $91k (32% of expenses). Other salaries and wages came to $43k. At year end it held assets of $177k against liabilities of $7,425, net assets of $170k. It reported 2 employees.