Alzheimers Support Network Inc

Analysis

Alzheimers Support Network Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in November 1994, 32 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, Alzheimers Support Network Inc reported income of $720k and spending of $810k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $720k (-49%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alzheimers Support Network Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Bootstraps to Share of Tucson Inc ($720k), Newburg Fire Department Inc ($721k) and Chatham Emergency Squad Inc ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $375k. At year end it held assets of $1.9m against liabilities of $79k, net assets of $1.9m. It reported 11 employees.