Panhandle AIDS Support Organization Inc

Analysis

Panhandle AIDS Support Organization Inc is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in January 1989, 37 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, Panhandle AIDS Support Organization Inc reported income of $3.6m and spending of $3.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.6m (+78%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Panhandle AIDS Support Organization Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include The Neighborhood Christian Clinic Inc ($3.6m), Rosalind Franklin University Health Clinics ($3.6m) and Orthopaedic Research and Education Foundation ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $90k (2.5% of expenses). Other salaries and wages came to $339k. At year end it held assets of $2.1m against liabilities of $81k, net assets of $2.0m. It reported 10 employees.