Alzheimers Arkansas Programs and Services

Analysis

Alzheimers Arkansas Programs and Services is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in October 2002, 24 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, Alzheimers Arkansas Programs and Services reported income of $747k and spending of $1.1m, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $747k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alzheimers Arkansas Programs and Services sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within AR. Charities of a similar size with the same main cause include Nevada Healthright ($747k), Genesee County Mental Health Association Inc ($747k) and Livingwell Medical Clinic ($747k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $116k (11% of expenses). Other salaries and wages came to $227k. At year end it held assets of $2.3m against liabilities of $67k, net assets of $2.3m. It reported 7 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.