Minority AIDS Support Services Inc

Analysis

Minority AIDS Support Services Inc is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in March 2012, 14 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 December 2023, Minority AIDS Support Services Inc reported income of $5.0m and spending of $4.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $5.0m (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Minority AIDS Support Services Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Alcohol and Drug Abuse Council of Deep East Texas Inc ($5.0m), Intl Society of Arthroscopy Knee Surgery and Orthopaedic Sports Med ($5.0m) and Make-A-Wish Foundation of the Mid- South Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $494k (10% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.8m against liabilities of $85k, net assets of $2.7m. It reported 25 employees.