Alzheimers Disease Resourcecenter Inc

Analysis

Alzheimers Disease Resourcecenter Inc is a registered charity in United States, based in East Islip, NY. It received its IRS tax-exemption ruling in January 2014, 12 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 June 2023, Alzheimers Disease Resourcecenter Inc reported income of $594k and spending of $662k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $496k to $594k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 312%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alzheimers Disease Resourcecenter Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Crisis Pregnancy Center of ($594k), Bee Foundation ($594k) and Farmville Rescue and Emergency Medical Services Inc ($593k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $127k (19% of expenses). Other salaries and wages came to $247k. At year end it held assets of $2.6m against liabilities of $366k, net assets of $2.2m. It reported 5 employees.