HIV Resource Consortium Inc

Analysis

HIV Resource Consortium Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, HIV Resource Consortium Inc reported income of $6.0m and spending of $3.9m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $6.0m (+175%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, HIV Resource Consortium Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OK. Charities of a similar size with the same main cause include Northland Cares ($6.0m), Council on Alcoholism & Drug Abuse of Northwest Louisiana ($6.0m) and Cathedral Pioneer Church Homes-No Two ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $277k (7.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.3m against liabilities of $307k, net assets of $8.0m. It reported 40 employees.