Foundation for Research Into Sexually Transmitted Diseases Inc

Analysis

Foundation for Research Into Sexually Transmitted Diseases Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1987, 39 years ago. 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 June 2023, Foundation for Research Into Sexually Transmitted Diseases Inc reported income of $1.3m and spending of $1.4m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.3m (+5.6%), an average of +1.4% a year. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Research Into Sexually Transmitted Diseases Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Premier Mobile Health Services Corporation ($1.3m), Unlimited Choices Inc ($1.3m) and Shreveport Green ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 32% of the total. At year end it held assets of $683k against liabilities of $61k, net assets of $622k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.