Our Lady of Armenia Inc

Analysis

Our Lady of Armenia Inc is a registered charity in United States, based in Radnor, PA. It received its IRS tax-exemption ruling in June 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, Our Lady of Armenia Inc reported income of $136k and spending of $302k, spending 222% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $192k to $136k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Our Lady of Armenia Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Masa Innovation Fund Inc ($136k), Senitizo ($136k) and Revive Worldwide Inc ($136k).

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 $1.6m against liabilities of $1.3m, net assets of $339k.