Creative Armenia

Analysis

Creative Armenia is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2016, 10 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, Creative Armenia reported income of $67k and spending of $272k, spending 408% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $549k to $67k (-88%), an average of -41% a year. The sharpest change came in the year to December 2021, when income rose by 185%. Over the whole period it spent 110% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Creative Armenia sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Friends of Shanghai American School Foundation ($67k), U-Sa Cares for Life Inc ($67k) and Eternal Hope International ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $98k (36% of expenses). At year end it held assets of $104k against liabilities of $2,527, net assets of $101k. It reported 1 employees.