Armenian Eagles Foundation

Analysis

Armenian Eagles Foundation is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Armenian Eagles Foundation reported income of $313k and spending of $302k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $313k (+458%), an average of +54% a year. The sharpest change came in the year to December 2020, when income rose by 283%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Armenian Eagles Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Overseed ($313k), Southwest Georgia Housing Opportunities Inc ($314k) and Robeson House Inc ($313k).

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 $172k against liabilities of $0, net assets of $172k.