Southern AIDS Coalition
Analysis
Southern AIDS Coalition is a registered charity in United States, based in Powder SPGS, GA. It received its IRS tax-exemption ruling in February 1990, 36 years ago. 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, Southern AIDS Coalition reported income of $2.9m and spending of $3.1m, spending 109% of what it took in. The sharpest change came in the year to December 2022, when income rose by 146%. Over the whole period it spent 97% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern AIDS Coalition 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 91st percentile within GA. Charities of a similar size with the same main cause include Horizon Hearts Inc ($2.9m), St Elizabeth Nursery & Montessori School Inc ($2.9m) and South Dakota Network Against Family Violence & Sexual Assault ($2.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $944k. At year end it held assets of $1.2m against liabilities of $100k, net assets of $1.1m. It reported 17 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.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 18%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Horizon Hearts Inc | Hempstead | $2.9m |
| St Elizabeth Nursery & Montessori School Inc | Parsippany | $2.9m |
| South Dakota Network Against Family Violence & Sexual Assault | Sioux Falls | $2.9m |
| Samaritan Counseling Center of the Fox Valley Inc | Menasha | $2.9m |