Gevorkian Academy

Analysis

Gevorkian Academy is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in September 2013, 13 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, Gevorkian Academy reported income of $419k and spending of $219k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $410k to $419k (+2.2%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gevorkian Academy sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Theodore Roosevelt Assn ($419k), Eastern Sociological Society Inc Dept of Sociology Park 420 ($419k) and Masterworks Chorale Society ($419k).

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 $200k against liabilities of $200k, net assets of $0.