The Elizabeth Taylor AIDS Foundation

Analysis

The Elizabeth Taylor AIDS Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Elizabeth Taylor AIDS Foundation reported income of $2.5m and spending of $4.1m, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $2.5m (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 222%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Elizabeth Taylor AIDS Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Foundation for Mississippi History ($2.5m), Chileno Bay Foundation Inc ($2.5m) and The New Bohemian Innovation Collaborative Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $431k (11% of expenses). Other salaries and wages came to $227k. At year end it held assets of $1.5m against liabilities of $70k, net assets of $1.4m. It reported 5 employees.