National Council of Dementia Minds

Analysis

National Council of Dementia Minds is a registered charity in United States, based in Owosso, MI. It received its IRS tax-exemption ruling in August 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Council of Dementia Minds reported income of $159k and spending of $30k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $159k (+286%), an average of +286% a year. The sharpest change came in the year to December 2023, when income rose by 286%. Over the whole period it spent 21% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, National Council of Dementia Minds sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include Bear Valley Community Healthcare District Foundation ($159k), Rockville Centre Breast Cancer Coalition Inc ($159k) and Mendiburu Magic Foundation Against Cancer ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.