American Armenian Rose Float Association Inc

Analysis

American Armenian Rose Float Association Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 2014, 12 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 January 2024, American Armenian Rose Float Association Inc reported income of $57k and spending of $392k, spending 692% of what it took in. Over the whole period it spent 692% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Armenian Rose Float Association Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Asm International ($57k), Destination Sistrunk Cultural and Community Investment Partnership ($57k) and Auburn Area Community Theatre ($57k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $28k against liabilities of $575k, net assets of -$547k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.