Alzheimers Disease Data Initiative Inc

Analysis

Alzheimers Disease Data Initiative Inc is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in June 2021, 5 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alzheimers Disease Data Initiative Inc reported income of $13.0m and spending of $11.3m, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $21.4m to $13.0m (-39%), an average of -22% a year. The sharpest change came in the year to December 2023, when income rose by 683%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alzheimers Disease Data Initiative Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Harold and Grace Upjohn Community Care Center ($13.0m), Kennedy Health Facilities Inc ($13.0m) and Franciscan VNS Home Care Inc ($12.9m).

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 $5.3m against liabilities of $430k, net assets of $4.9m.