Alzheimers Care Armenia

Analysis

Alzheimers Care Armenia is a registered charity in United States, based in Dana Point, CA. It received its IRS tax-exemption ruling in December 2017, 9 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 December 2023, Alzheimers Care Armenia reported income of $309k and spending of $128k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $309k (+143%), an average of +143% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 54% 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 Armenia sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Cascade Medical Team ($309k), Sumter Pregnancy Center ($309k) and Greene Foundation ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.