Haigazian University Support Fund Inc

Analysis

Haigazian University Support Fund Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Haigazian University Support Fund Inc reported income of $307k and spending of $426k, spending 139% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $405k to $307k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Haigazian University Support Fund Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Saint Basil Academy of Classicalstudies ($307k), Hudson River Park Mothers Group Org ($307k) and The Boone Sports Legacy Board Inc ($307k).

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 $187k against liabilities of $11k, net assets of $177k.