Western North Carolina AIDS Project Inc

Analysis

Western North Carolina AIDS Project Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in July 1988, 38 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, Western North Carolina AIDS Project Inc reported income of $2.9m and spending of $2.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.9m (+80%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western North Carolina AIDS Project 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 90th percentile within NC. Charities of a similar size with the same main cause include Berkeley Hillel ($2.9m), Tucson Waldorf Education Association Inc ($2.9m) and Childrens Cancer Therapy Development Institute ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $130k (4.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.4m against liabilities of $471k, net assets of $973k. It reported 45 employees.