Grigor Gevorgyan Foundation

Analysis

Grigor Gevorgyan Foundation is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in April 2015, 11 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, Grigor Gevorgyan Foundation reported income of $197k and spending of $221k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $72k to $197k (+173%), an average of +65% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Grigor Gevorgyan Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Love for Romania ($197k), Ban Tay Nhan Ai ($197k) and Akonda Ministries ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.