Alzheimers New Jersey Inc

Analysis

Alzheimers New Jersey Inc is a registered charity in United States, based in Roseland, NJ. It received its IRS tax-exemption ruling in June 2002, 24 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 June 2023, Alzheimers New Jersey Inc reported income of $2.1m and spending of $2.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.1m (+1.5%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alzheimers New Jersey Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include St Marys Health Clinics ($2.1m), Shoulder of the Central Gulf Coast Inc ($2.1m) and Fisher House of Boston Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $172k (8.3% of expenses). Other salaries and wages came to $829k. At year end it held assets of $10.0m against liabilities of $313k, net assets of $9.7m. It reported 19 employees.