Bold Armenian Women Association

Analysis

Bold Armenian Women Association is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in July 2018, 8 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, Bold Armenian Women Association reported income of $50k and spending of $51k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $50k (-17%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bold Armenian Women Association sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Crisis Center of Sanger ($50k), Healing Hands Inc ($50k) and Sow Family Foundation ($50k).

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 $6,469 against liabilities of $0, net assets of $6,469.