Southern Tier AIDS Program Inc

Analysis

Southern Tier AIDS Program Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in May 1988, 38 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, Southern Tier AIDS Program Inc reported income of $6.5m and spending of $6.4m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $7.3m to $6.5m (-10%), an average of -3.6% a year. The sharpest change came in the year to June 2021, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Tier AIDS Program Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Indiana Lions Eye Bank Inc ($6.5m), Iowa Health Care Association Foundation ($6.5m) and Cape Inc Community Association for Pre-School Education ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $201k (3.1% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $4.9m against liabilities of $817k, net assets of $4.1m. It reported 117 employees.