National AIDS Memorial Inc

Analysis

National AIDS Memorial Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2020, 6 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 March 2023, National AIDS Memorial Inc reported income of $2.2m and spending of $5.1m, spending 228% of what it took in. Across the 3 years on record, from December 2021 to March 2023, income fell from $11.0m to $2.2m (-80%), an average of -55% a year. The sharpest change came in the year to March 2023, when income rose by 2333%. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, National AIDS Memorial Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include United Cerebral Palsy Inc ($2.2m), Infirmary Foundation Inc ($2.2m) and Rochester General Health System Workers Compensation Trust ($2.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 92% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $443k (8.8% of expenses). Other salaries and wages came to $606k. It paid $113k in professional fundraising fees. At year end it held assets of $7.9m against liabilities of $804k, net assets of $7.1m. It reported 10 employees.