Alzheimers Services Center Inc

Analysis

Alzheimers Services Center Inc is a registered charity in United States, based in Morrow, GA. It received its IRS tax-exemption ruling in October 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Alzheimers Services Center Inc reported income of $250k and spending of $388k, spending 155% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $379k to $250k (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2021, when income dropped by 40%. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alzheimers Services Center Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Down Syndrome Association of Northern Virginia ($250k), Southeast Pennsylvania Area Health Education Center ($250k) and Courageous Kidz Inc ($250k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $70k (18% of expenses). Other salaries and wages came to $114k. At year end it held assets of $1.1m against liabilities of $6,773, net assets of $1.1m. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.