Solar Freeze Inc

Analysis

Solar Freeze Inc is a registered charity in United States, based in Hyattsville, MD. It received its IRS tax-exemption ruling in March 2019, 7 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 Freeze Inc reported income of $215k and spending of $351k, spending 163% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $250k to $215k (-14%), an average of -7.3% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 65% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Solar Freeze Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Fund for Wild Nature ($215k), Southwest Iowa Nature Trails Project Inc ($215k) and Seno K RLT Conservancy Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.