Friends of Solidafrica Inc

Analysis

Friends of Solidafrica Inc is a registered charity in United States, based in Bartow, GA. It received its IRS tax-exemption ruling in December 2015, 11 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, Friends of Solidafrica Inc reported income of $806k and spending of $806k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $419k to $806k (+92%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Solidafrica 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 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Center for Engagement and Advocacy in the Americas ($805k), Marketplace Integration and Development Corporation ($806k) and Jerusalem Institute of Justice Inc ($803k).

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 $5,305 against liabilities of $0, net assets of $5,305.