Alzheimer-Parkinson Association of Irc Inc

Analysis

Alzheimer-Parkinson Association of Irc Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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 September 2023, Alzheimer-Parkinson Association of Irc Inc reported income of $1.1m and spending of $833k, leaving 25% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $797k to $1.1m (+39%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alzheimer-Parkinson Association of Irc Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include San Diego Childrens Choir ($1.1m), Shepherds Staff Ministries Inc ($1.1m) and Roslyn-Trinity Cooperative Day School ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $81k (9.7% of expenses). Other salaries and wages came to $326k. At year end it held assets of $1.6m against liabilities of $393k, net assets of $1.3m. It reported 12 employees.