Sahakyan Bagramyan Fund

Analysis

Sahakyan Bagramyan Fund is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sahakyan Bagramyan Fund reported income of $52k and spending of $48k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $52k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sahakyan Bagramyan Fund 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 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Leborne Development ($52k), Gulu Project Inc ($52k) and Onbikes Pensacola Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,161 against liabilities of $0, net assets of $5,161.