Alzheimers Disease Foundation Inc

Analysis

Alzheimers Disease Foundation Inc is a registered charity in United States, based in Sartell, MN. It received its IRS tax-exemption ruling in May 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Alzheimers Disease Foundation Inc reported income of $68k and spending of $69k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $58k to $68k (+18%), an average of +4.1% a year. The sharpest change came in the year to September 2023, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alzheimers Disease Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include International Society of Folk Harpers and Craftsmen Inc ($68k), Cooks Point Community Services Inc ($68k) and Luke 14-12 ($68k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $1.1m against liabilities of $404, net assets of $1.1m.