Solar and Storage Industries Institute

Analysis

Solar and Storage Industries Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2022, 4 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 and Storage Industries Institute reported income of $705k and spending of $583k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $705k (+769%), an average of +769% a year. The sharpest change came in the year to December 2023, when income rose by 769%. Over the whole period it spent 74% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Solar and Storage Industries Institute sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 49th percentile within DC. Charities of a similar size with the same main cause include Nevada Conservation League Education Fund ($704k), Reflo ($706k) and Southwestern North Carolina Resource Conservation & ($704k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $223k (38% of expenses). Other salaries and wages came to $125k. At year end it held assets of $369k against liabilities of $166k, net assets of $203k.