Solidaridad Sin Fronteras Inc

Analysis

Solidaridad Sin Fronteras Inc is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Solidaridad Sin Fronteras Inc reported income of $2.1m and spending of $2.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.1m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Solidaridad Sin Fronteras Inc 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 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Preferred Hospice Inc ($2.1m), Adapt Foundation Inc ($2.1m) and California Black Womens Health Project ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $89k (4.3% of expenses). At year end it held assets of $2.9m against liabilities of $150k, net assets of $2.7m. It reported 2 employees.