Armenian Relief and Development Association

Analysis

Armenian Relief and Development Association is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in January 1971, 55 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Armenian Relief and Development Association reported income of $1.5m and spending of $1.2m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.5m (+4.4%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Armenian Relief and Development Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include No Barriers USA ($1.5m), Syrian Emergency Task Force ($1.5m) and National Assoc of Japan-America Societies Incorporated ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $113k (9.3% of expenses). Other salaries and wages came to $150k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 2 employees.