Rick Sharp Alz Foundation

Analysis

Rick Sharp Alz Foundation is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in May 2016, 10 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, Rick Sharp Alz Foundation reported income of $532k and spending of $604k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $532k (-48%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rick Sharp Alz Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Carl McCain Memorial Foundation ($532k), International Oranization of Multiple Sclerosis Nurses ($532k) and Unite Up ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. It paid $54k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $11k, net assets of $1.2m.