Beat AIDS Coalition Trust

Analysis

Beat AIDS Coalition Trust is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 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 December 2023, Beat AIDS Coalition Trust reported income of $5.7m and spending of $5.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $5.7m (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beat AIDS Coalition Trust sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Mansfield Christian School ($5.7m), CSJ Initiatives Inc ($5.7m) and American Opportunity Foundation ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $244k (4.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.6m against liabilities of $543k, net assets of $2.0m. It reported 53 employees.