Armenia Hearing Aid Project

Analysis

Armenia Hearing Aid Project is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Armenia Hearing Aid Project reported income of $67k and spending of $107k, spending 158% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $63k to $67k (+6.7%), an average of +6.7% a year. Over the whole period it spent 149% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Armenia Hearing Aid Project sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include I Smile Inc ($67k), Lifecare Pregnancy & Family Resource Center Inc ($67k) and William Cliff Heaton Jr Foundation Inc ($67k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,536 against liabilities of $0, net assets of $8,536.