Lowcountry AIDS Services

Analysis

Lowcountry AIDS Services is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in June 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, Lowcountry AIDS Services reported income of $11.0m and spending of $10.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.3m to $11.0m (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lowcountry AIDS Services sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include AIDS Services Foundation Orange County ($11.0m), Cil Realty Inc ($11.0m) and Kentucky Association of Sexual Assault Programs Inc ($11.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $10.2m against liabilities of $4.9m, net assets of $5.3m. It reported 51 employees.