Action of Solidarity Inc

Analysis

Action of Solidarity Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in August 1998, 28 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, Action of Solidarity Inc reported income of $338k and spending of $430k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $338k (+2.0%), an average of +0.5% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 105% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Action of Solidarity Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Zara Initiative ($338k), Seed Programs Inc ($338k) and Hands of Freedom ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (14% of expenses). At year end it held assets of $171k against liabilities of $62k, net assets of $109k.