Ardzagang Armenian Television Inc

Analysis

Ardzagang Armenian Television Inc is a registered charity in United States, based in Newfoundland, NJ. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ardzagang Armenian Television Inc reported income of $77k and spending of $64k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $77k (+3.5%), an average of +3.5% a year. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ardzagang Armenian Television Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Youth Symphony of Denton ($77k), Monster Bash Incorporated ($77k) and Future Arts ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $132k against liabilities of $1,151, net assets of $131k.