Alzheimer Society of Washington

Analysis

Alzheimer Society of Washington is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in March 1984, 42 years ago. 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, Alzheimer Society of Washington reported income of $228k and spending of $296k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $228k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alzheimer Society of Washington sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Melanated Leaders Inc ($228k), Methuen Youth Soccer Association Inc ($228k) and Montpirg Leadership Fund ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $66k (22% of expenses). Other salaries and wages came to $150k. At year end it held assets of $125k against liabilities of $18k, net assets of $107k. It reported 8 employees.