Armenian International Medical Fund

Analysis

Armenian International Medical Fund is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 International Medical Fund reported income of $528k and spending of $471k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $411k to $528k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Armenian International Medical Fund sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Blue Green Investments Inc ($528k), Drug Free Lebanon Inc ($528k) and Hill Country Christian Counseling Center Inc ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.