Armenian Engineers and Scientists of America Inc

Analysis

Armenian Engineers and Scientists of America Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Armenian Engineers and Scientists of America Inc reported income of $261k and spending of $203k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $261k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Armenian Engineers and Scientists of America Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Art Explorers Inc ($261k), National Society of the Daughters of the American Revolution ($261k) and Valley Performing Arts Council ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 21% of the total. At year end it held assets of $598k against liabilities of $0, net assets of $598k.