Armenian Relief Society of Western USA Inc

Analysis

Armenian Relief Society of Western USA Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in November 1984, 42 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Armenian Relief Society of Western USA Inc reported income of $4.2m and spending of $3.9m, spending 95% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $2.8m to $4.2m (+48%), an average of +10% a year. The sharpest change came in the year to May 2021, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Armenian Relief Society of Western USA Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Catholic Charities Foundation of Northeast Kansas Inc ($4.2m), Opportunity House Inc ($4.2m) and Chi Chi Rodriguez Youth Foundation ($4.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 78% and program service revenue 19% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $8.2m against liabilities of $408k, net assets of $7.8m. It reported 88 employees.