Asociacion de Alzheimer Y Desordenes Relacionados de PR

Analysis

Asociacion de Alzheimer Y Desordenes Relacionados de PR is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in July 2006, 20 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 2023, Asociacion de Alzheimer Y Desordenes Relacionados de PR reported income of $52k and spending of $60k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $470k to $52k (-89%), an average of -42% a year. The sharpest change came in the year to December 2020, when income dropped by 91%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asociacion de Alzheimer Y Desordenes Relacionados de PR sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 15th percentile within PR. Charities of a similar size with the same main cause include SHDC No 7 Inc ($52k), Danberry Treasure Chest Inc ($52k) and Cure Kcnh1 Foundation ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $19k. At year end it held assets of $111k against liabilities of $5,393, net assets of $105k.