The Alzheimers Project Inc

Analysis

The Alzheimers Project Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, The Alzheimers Project Inc reported income of $871k and spending of $879k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $758k to $871k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Alzheimers Project Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Mental Health Association of Franklin County ($871k), Greater Killeen Free Clinic Inc ($871k) and Talisman Therapeutic Riding ($871k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $82k (9.3% of expenses). Other salaries and wages came to $224k. At year end it held assets of $448k against liabilities of $104k, net assets of $344k. It reported 29 employees.