Alzheimers Disease Resource Agency of Alaska Inc

Analysis

Alzheimers Disease Resource Agency of Alaska Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in March 1985, 41 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 June 2023, Alzheimers Disease Resource Agency of Alaska Inc reported income of $3.2m and spending of $3.6m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $3.2m (-4.7%), an average of -1.2% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alzheimers Disease Resource Agency of Alaska Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within AK. Charities of a similar size with the same main cause include National Assn of State Mentl Health Prog Directors Research Instit Inc ($3.2m), Young Mens Christian Association ($3.2m) and Impact Seven Incorporated ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $174k (4.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.5m against liabilities of $243k, net assets of $3.3m. It reported 50 employees.