Alzheimers Disease and Related Disorders New York City Inc

Analysis

Alzheimers Disease and Related Disorders New York City Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2015, 11 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 and Related Disorders New York City Inc reported income of $5.6m and spending of $5.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.3m to $5.6m (-12%), an average of -3.0% a year. The sharpest change came in the year to June 2020, when income dropped by 45%. Over the whole period it spent 94% 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 and Related Disorders New York City Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Achieva Resource ($5.6m), Helen Ross McNabb Mental Health Foundation Inc ($5.6m) and Services for the Developmentally Challenged Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $404k (7.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $7.6m against liabilities of $3.8m, net assets of $3.7m. It reported 35 employees.