Hamazkayin Armenian Educational & Cultural Society Inc

Analysis

Hamazkayin Armenian Educational & Cultural Society Inc is a registered charity in United States, based in Watertown, MA. It received its IRS tax-exemption ruling in March 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Hamazkayin Armenian Educational & Cultural Society Inc reported income of $449k and spending of $372k, spending 83% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $166k to $449k (+170%), an average of +39% a year. The sharpest change came in the year to April 2023, when income rose by 346%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hamazkayin Armenian Educational & Cultural Society Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Baay ($449k), National Upper Cervical Chiropractic Association ($449k) and Video Game History Foundation Inc ($449k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 8.1% and program service revenue 98% of the total. At year end it held assets of $481k against liabilities of $0, net assets of $481k.