Sol International Foundation Inc

Analysis

Sol International Foundation Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in June 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, Sol International Foundation Inc reported income of $229k and spending of $243k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $379k to $229k (-40%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sol International Foundation Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Friends of Christ in India Inc ($228k), American Middle East Institute Inc ($229k) and Siamak Pourzand Foundation ($228k).

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 $171k against liabilities of $0, net assets of $171k.