Armenian Bar Association

Analysis

Armenian Bar Association is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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 Bar Association reported income of $326k and spending of $43k, leaving 87% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $389k to $326k (-16%), an average of -5.7% a year. The sharpest change came in the year to December 2023, when income rose by 297%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Armenian Bar Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Reinforced Iron Workers Riggers & Machinery Movers Apprentice Fund ($326k), Little League Baseball Inc ($326k) and Russian Radio Bible Institute ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $849k against liabilities of $1,190, net assets of $847k.