Alzheimers Tennessee Inc

Analysis

Alzheimers Tennessee Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in June 2011, 15 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 June 2024, Alzheimers Tennessee Inc reported income of $1.9m and spending of $2.1m, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $1.9m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alzheimers Tennessee Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include American Migraine Foundation Inc ($1.9m), Care Care Net Pregnancy Center of Houst ($1.9m) and Physician Health Services Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 11% of the total. Other salaries and wages came to $892k. At year end it held assets of $1.3m against liabilities of $70k, net assets of $1.2m.