Alzheimers Family Services of Greater Beaufort

Analysis

Alzheimers Family Services of Greater Beaufort is a registered charity in United States, based in Beaufort, SC. It received its IRS tax-exemption ruling in May 1989, 37 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 2022, Alzheimers Family Services of Greater Beaufort reported income of $150k and spending of $142k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $257k to $150k (-42%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alzheimers Family Services of Greater Beaufort sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 53rd percentile within SC. Charities of a similar size with the same main cause include Friends of Disabled Veterans ($150k), Friends of Maryland State Library for Blind & Physically Handicapped ($150k) and Porterville Education Foundation ($150k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 54% and program service revenue 35% of the total. At year end it held assets of $56k against liabilities of $7,689, net assets of $48k.