Build Solar Inc

Analysis

Build Solar Inc is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in February 2023, 3 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, Build Solar Inc reported income of $273k and spending of $400k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $273k (+204%), an average of +204% a year. The sharpest change came in the year to December 2023, when income rose by 204%. Over the whole period it spent 119% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Build Solar Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include United Hunting Heritage International ($273k), Friends of Big Morongo Canyon Preserve ($273k) and New Hampshire Association of Conservation Districts ($273k).

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 $59k against liabilities of $0, net assets of $59k.