Alzheimers Disease Research Foundation

Analysis

Alzheimers Disease Research Foundation is a registered charity in United States, based in Wellesley HLS, MA. It received its IRS tax-exemption ruling in October 2006, 20 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, Alzheimers Disease Research Foundation reported income of $37.7m and spending of $34.6m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.6m to $37.7m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alzheimers Disease Research Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Community Healthcare System Inc ($37.7m), Foundation for Health Care Continuums ($37.7m) and United Medical Centers ($37.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $1.7m (5.0% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $33.5m against liabilities of $1.7m, net assets of $31.8m. It reported 36 employees.