Alzheimers Family Services Inc

Analysis

Alzheimers Family Services Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Alzheimers Family Services Inc reported income of $2.3m and spending of $2.3m, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.5m to $2.3m (+54%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alzheimers Family Services Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Stasis Foundation ($2.3m), The Grand Rapids Red Project ($2.3m) and Oklahoma Lions Sight Conservation FDN Inc ($2.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.5m against liabilities of $3.4m, net assets of -$1.9m. It reported 38 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.