Armenian Youth Association of California

Analysis

Armenian Youth Association of California is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, 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 April 2024, Armenian Youth Association of California reported income of $222k and spending of $254k, spending 114% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $216k to $222k (+2.6%), an average of +0.7% a year. The sharpest change came in the year to April 2021, when income rose by 109%. Over the whole period it spent 63% 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 Youth Association of California sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Fort Mill Economic Partners Inc ($222k), Franklin Pond Chamber Music Inc ($222k) and Blue Door Art Center ($222k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 83% and program service revenue 6.3% of the total. At year end it held assets of $1.7m against liabilities of $45k, net assets of $1.7m.