Alliance for Aging Research

Analysis

Alliance for Aging Research is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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, Alliance for Aging Research reported income of $3.8m and spending of $4.2m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.8m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alliance for Aging Research sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 76th percentile within DC. Charities of a similar size with the same main cause include Boy Scouts of America ($3.8m), Little Bitterroot Services ($3.8m) and Agape Therapeutic Riding Resources Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $328k (7.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.5m against liabilities of $718k, net assets of $4.8m. It reported 15 employees.