Delaware HIV Services Inc

Analysis

Delaware HIV Services Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 1994, 32 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, Delaware HIV Services Inc reported income of $3.6m and spending of $3.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $3.6m (+6.6%), an average of +1.6% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delaware HIV Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within DE. Charities of a similar size with the same main cause include Joliet Junior College Foundation ($3.6m), Nantucket Atheneum ($3.6m) and Alcoholism Center for Women Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $122k (3.3% of expenses). Other salaries and wages came to $764k. At year end it held assets of $2.1m against liabilities of $282k, net assets of $1.8m. It reported 27 employees.