Aid for AIDS of Nevada Inc

Analysis

Aid for AIDS of Nevada Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 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 June 2023, Aid for AIDS of Nevada Inc reported income of $1.1m and spending of $1.6m, spending 137% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.1m (-17%), an average of -4.4% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aid for AIDS of Nevada Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NV. Charities of a similar size with the same main cause include Help Inc ($1.1m), Puget Sound Community School ($1.1m) and A Milton Miller Memorial Fund Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $175k (11% of expenses). Other salaries and wages came to $562k. At year end it held assets of $1.9m against liabilities of $308k, net assets of $1.6m. It reported 15 employees.