Funders Concerned About AIDS Inc

Analysis

Funders Concerned About AIDS Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1996, 30 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, Funders Concerned About AIDS Inc reported income of $697k and spending of $725k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $649k to $697k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Funders Concerned About AIDS Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 49th percentile within DC. Charities of a similar size with the same main cause include H2o for Life ($696k), Real Partners Uganda Inc ($698k) and Friendship Ministries ($696k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $318k (44% of expenses). Other salaries and wages came to $76k. At year end it held assets of $1.0m against liabilities of $38k, net assets of $1000k. It reported 2 employees.