The Long Island Alzheimers and Dementia Center

Analysis

The Long Island Alzheimers and Dementia Center is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in January 1989, 37 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, The Long Island Alzheimers and Dementia Center reported income of $1.8m and spending of $2.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.8m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Long Island Alzheimers and Dementia Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Pennsylvania Health Law Project ($1.8m), Kennebec Valley Dental Coalition Inc ($1.8m) and Virtual Health Medicine P C ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $138k (6.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.5m against liabilities of $914k, net assets of $1.6m. It reported 43 employees.