Brevard Alzheimers Foundation Inc

Analysis

Brevard Alzheimers Foundation Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Brevard Alzheimers Foundation Inc reported income of $4.5m and spending of $4.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $4.5m (+131%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brevard Alzheimers Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Childrens Aid Society of Alabama ($4.5m), Lexington Rescue Mission Inc ($4.5m) and Young Mens Christian Assoc Jamestown ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $126k (2.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.6m against liabilities of $429k, net assets of $4.2m. It reported 101 employees.