Solo Por Hoy

Analysis

Solo Por Hoy is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Solo Por Hoy reported income of $1.5m and spending of $1.2m, spending 80% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.1m to $1.5m (+40%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 86% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Solo Por Hoy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 77th percentile within PR. Charities of a similar size with the same main cause include One Colorado Education Fund ($1.5m), Casa Youth Advocates Inc ($1.5m) and Delaware Volunteer Legal Services Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $417k. At year end it held assets of $1.4m against liabilities of $676k, net assets of $738k. It reported 15 employees.