Dementia Alliance of North Carolina Inc

Analysis

Dementia Alliance of North Carolina Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 2010, 16 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 June 2023, Dementia Alliance of North Carolina Inc reported income of $746k and spending of $826k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $509k to $746k (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dementia Alliance of North Carolina Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Cutaneous Lymphoma Foundation Inc ($746k), Batten Disease Support and Research Association ($746k) and World Federation for Ultrasound in Medicine and Biology Inc ($746k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 8.1% of the total. Other salaries and wages came to $423k. At year end it held assets of $999k against liabilities of $286k, net assets of $713k. It reported 9 employees.