Project Touch AIDS Network Inc

Analysis

Project Touch AIDS Network Inc is a registered charity in United States, based in Miramar, FL. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Project Touch AIDS Network Inc reported income of $421k and spending of $277k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income grew from $315k to $421k (+34%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Touch AIDS Network Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Aurora House Foundation ($421k), Wesbury Hillside Home ($421k) and Delta Economic Development Corportation ($421k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (32% of expenses). Other salaries and wages came to $132k. At year end it held assets of $24k against liabilities of $0, net assets of $24k. It reported 7 employees.