No AIDS Task Force

Analysis

No AIDS Task Force is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in July 1986, 40 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, No AIDS Task Force reported income of $65.0m and spending of $63.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $49.8m to $65.0m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, No AIDS Task Force sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include South Carolina Student Loan Corporation ($65.0m), Cardinal Glennon Childrens Foundation ($65.1m) and Young Mens Christian Association of South Florida Inc ($65.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $667k (1.0% of expenses). Other salaries and wages came to $16.5m. At year end it held assets of $77.6m against liabilities of $47.1m, net assets of $30.4m. It reported 348 employees.