Prevent Alzheimers Disease 2020

Analysis

Prevent Alzheimers Disease 2020 is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover medical research, 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, Prevent Alzheimers Disease 2020 reported income of $357k and spending of $472k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $631k to $357k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Prevent Alzheimers Disease 2020 sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Impact Autism Foundation Inc ($357k), My Life Foundation Inc ($357k) and Cancer Freeze Inc ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,214 against liabilities of $0, net assets of $1,214.