Rayo de Sol Inc

Analysis

Rayo de Sol Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Rayo de Sol Inc reported income of $786k and spending of $720k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $497k to $786k (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Rayo de Sol Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Alabama International Education & Economic Partnership ($785k), Natun Guatemala ($787k) and Network for Empowerment & Progressive Initiatives - Nepi Inc ($785k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $95k (13% of expenses). Other salaries and wages came to $112k. It paid $50k in professional fundraising fees. At year end it held assets of $1.0m against liabilities of $857, net assets of $1.0m. It reported 2 employees.