Minority AIDS Project

Analysis

Minority AIDS Project is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1993, 33 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, Minority AIDS Project reported income of $1.4m and spending of $1.5m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.6m to $1.4m (-14%), an average of -4.7% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minority AIDS Project sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Henry County YMCA ($1.3m), Metrowest Center for Independent Living Inc ($1.4m) and Uxbridge Housing Associates Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $962k. At year end it held assets of $980k against liabilities of $106k, net assets of $874k. It reported 22 employees.