Arizona Alzheimers Research Center Inc

Analysis

Arizona Alzheimers Research Center Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover medical research, 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, Arizona Alzheimers Research Center Inc reported income of $4.6m and spending of $4.5m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.5m to $4.6m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 208%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arizona Alzheimers Research Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Emerson Health Care Foundation Inc ($4.6m), Beacon Lighthouse Inc ($4.6m) and Port Chester-Rye-Rye Brook Emergency Medical Services Inc ($4.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $327k (7.3% of expenses). Other salaries and wages came to $14k. At year end it held assets of $1.2m against liabilities of $79k, net assets of $1.1m.