Solve

Analysis

Solve is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 1970, 56 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, Solve reported income of $2.3m and spending of $2.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.3m (+109%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Solve sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Sustainable Electronics Recycling International ($2.3m), Idaho Botanical Gardens Inc ($2.3m) and The Colorado Youth Outdoors Charitable Trust ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $238k (12% of expenses). Other salaries and wages came to $807k. At year end it held assets of $4.8m against liabilities of $722k, net assets of $4.1m. It reported 23 employees.