Lewy Body Dementia Association Inc

Analysis

Lewy Body Dementia Association Inc is a registered charity in United States, based in Lilburn, GA. It received its IRS tax-exemption ruling in February 2004, 22 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, Lewy Body Dementia Association Inc reported income of $3.6m and spending of $3.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $3.6m (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lewy Body Dementia Association 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 92nd percentile within GA. Charities of a similar size with the same main cause include Center for Progress and Excellence Inc ($3.6m), Orthopaedic Research and Education Foundation ($3.6m) and Parochial Medical Center ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $224k (7.3% of expenses). Other salaries and wages came to $1.3m. It paid $3,750 in professional fundraising fees. At year end it held assets of $8.2m against liabilities of $223k, net assets of $8.0m. It reported 23 employees.