Alzheimers Family Services Center

Analysis

Alzheimers Family Services Center is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in May 1980, 46 years ago. 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 June 2023, Alzheimers Family Services Center reported income of $4.3m and spending of $4.5m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.9m to $4.3m (-27%), an average of -9.9% a year. The sharpest change came in the year to June 2021, when income dropped by 22%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alzheimers Family Services Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Center for Produce Safety ($4.3m), Reading Edge Academy Inc ($4.3m) and New School of Lancaster ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $722k (16% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $7.6m against liabilities of $524k, net assets of $7.0m. It reported 43 employees.