Coalition on AIDS in Passaic County Inc

Analysis

Coalition on AIDS in Passaic County Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in July 1991, 35 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 December 2023, Coalition on AIDS in Passaic County Inc reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $730k to $1.4m (+93%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coalition on AIDS in Passaic County Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Hmong Institute Incorporated ($1.4m), Beta Alpha Psi National Council ($1.4m) and Friends of Arachim Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $264k (20% of expenses). Other salaries and wages came to $526k. At year end it held assets of $938k against liabilities of $195k, net assets of $742k. It reported 15 employees.