Little Bird Armenian Development Inc

Analysis

Little Bird Armenian Development Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Little Bird Armenian Development Inc reported income of $76k and spending of $52k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,560 to $76k (+788%), an average of +788% a year. The sharpest change came in the year to December 2023, when income rose by 788%. Over the whole period it spent 62% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Little Bird Armenian Development Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Land Conservation Society of Texas Inc ($76k), First Principles Forum ($76k) and Kingdom Community Center CDC ($76k).

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 $85k against liabilities of $52k, net assets of $33k.