Banner Alzheimers Foundation

Analysis

Banner Alzheimers Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover health care, 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, Banner Alzheimers Foundation reported income of $6.1m and spending of $6.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $6.1m (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income rose by 203%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Banner Alzheimers Foundation sits at the 81st 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 91st percentile within AZ. Charities of a similar size with the same main cause include Fresh Start Foundation ($6.1m), Champlain Valley Family Center for Drug Treatment & Youth Services in ($6.1m) and Ithaca Alpha House Center Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $30.6m against liabilities of $97k, net assets of $30.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.