AIDS Healthcare Foundation Texas Inc

Analysis

AIDS Healthcare Foundation Texas Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, AIDS Healthcare Foundation Texas Inc reported income of $925k and spending of $2.0m, spending 215% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $895k to $925k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 176% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, AIDS Healthcare Foundation Texas Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Columbia-Presbyterian Medical Center Fund Inc ($925k), Torch Relay for Childrens Miracle Network Inc ($925k) and Tree House of Greater St Louis ($924k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $436k (22% of expenses). Other salaries and wages came to $712k. At year end it held assets of $294k against liabilities of $3.9m, net assets of -$3.6m. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.