AIDS Response Effort Inc
Analysis
AIDS Response Effort Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in August 1993, 33 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, AIDS Response Effort Inc reported income of $2.8m and spending of $2.8m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.8m (+64%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 94% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, AIDS Response Effort Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Phi Kappa Tau Foundation ($2.8m), Hospice of Crawford County Inc ($2.8m) and Immigration Reform Law Institute ($2.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $77k (2.7% of expenses). Other salaries and wages came to $853k. At year end it held assets of $2.4m against liabilities of $1.5m, net assets of $982k.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Program services 41%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Phi Kappa Tau Foundation | Oxford | $2.8m |
| Hospice of Crawford County Inc | Meadville | $2.8m |
| Immigration Reform Law Institute | Washington | $2.8m |
| The Bridge to Recovery Inc | Bowling Green | $2.8m |