Latino Commission on AIDS Inc

Analysis

Latino Commission on AIDS Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1992, 34 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 June 2023, Latino Commission on AIDS Inc reported income of $10.0m and spending of $10.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $10.0m (+75%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Latino Commission on AIDS Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Carmelite Sisters of Divine Heart of Jesus ($10.0m), Papanicolaou Corps for Cancer Research Inc ($10.0m) and Strawberry Fields Inc ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Other salaries and wages came to $4.9m. At year end it held assets of $4.2m against liabilities of $3.2m, net assets of $1.0m. It reported 78 employees.