Dementia Society Inc

Analysis

Dementia Society Inc is a registered charity in United States, based in Doylestown, PA. It received its IRS tax-exemption ruling in June 2014, 12 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 December 2023, Dementia Society Inc reported income of $4.6m and spending of $1.6m, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $4.6m (+311%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 41% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dementia Society Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include National Cancer Center Inc ($4.6m), Family Health Center of Clark County Inc ($4.6m) and Midwest Asian Health Association - Maha ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Other salaries and wages came to $50k. At year end it held assets of $7.4m against liabilities of $67k, net assets of $7.4m. It reported 4 employees.