AIDS Center of Queens County Inc

Analysis

AIDS Center of Queens County Inc is a registered charity in United States, based in Richmond Hill, NY. It received its IRS tax-exemption ruling in December 1987, 39 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, AIDS Center of Queens County Inc reported income of $20.8m and spending of $20.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.6m to $20.8m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, AIDS Center of Queens County Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Doctors Memorial Hospital Inc ($20.8m), Communities for People ($20.8m) and Mercy Restorative Care Hospital Inc ($20.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $479k (2.3% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $8.5m against liabilities of $4.8m, net assets of $3.7m. It reported 134 employees.