Alzheimers & Dementia Resource Center Inc

Analysis

Alzheimers & Dementia Resource Center Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in July 1985, 41 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 June 2024, Alzheimers & Dementia Resource Center Inc reported income of $663k and spending of $624k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $470k to $663k (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alzheimers & Dementia Resource Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Triangle Community Outreach Inc ($663k), Boy Scouts of America ($663k) and Big Brothers Big Sisters of Southwestern Indiana Inc ($663k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $78k (13% of expenses). Other salaries and wages came to $298k. At year end it held assets of $518k against liabilities of $140k, net assets of $379k. It reported 8 employees.