Alzheimers Fund - Support Research Cure Inc

Analysis

Alzheimers Fund - Support Research Cure Inc is a registered charity in United States, based in Salem, MA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Alzheimers Fund - Support Research Cure Inc reported income of $95k and spending of $87k, spending 92% of its income. Across the 4 years on record, from April 2020 to April 2023, income fell from $121k to $95k (-21%), an average of -7.7% a year. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alzheimers Fund - Support Research Cure Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Arpin Charitable Fund Inc ($95k), Run for the Youth of Washington County ($95k) and Memorial Community Hospital Foundation Corporation ($95k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 95% and program service revenue 5.4% of the total. At year end it held assets of $75k against liabilities of $382, net assets of $75k.