Alzheimers Care and Research Center Foundation

Analysis

Alzheimers Care and Research Center Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover health care, 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 2023, Alzheimers Care and Research Center Foundation reported income of $8.0m and spending of $7.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $8.0m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alzheimers Care and Research Center Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Granville Health Inc ($8.0m), Our Lady of the Lake Foundation ($8.0m) and Service Coordination Unlimited Inc ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $26.3m against liabilities of $309k, net assets of $26.0m. It reported 185 employees.