Is Society For Orphaned Armenian Relief Legit?

The Society For Orphaned Armenian Relief (SOAR) demonstrates a generally healthy financial position with consistent revenue streams over the past decade, averaging well over $1 million annually. Their program spending appears robust, with expenses in recent years (e.g., $1,493,148 in 2023) closely aligning with or slightly below revenue, indicating active use of funds for their mission rather than excessive accumulation. The organization's assets have shown growth, reaching $1,281,573 in 2023, while liabilities remain relatively low, suggesting good financial management. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which speaks to a high level of financial transparency and a commitment to directing funds towards programmatic activities rather than executive salaries. This practice significantly enhances donor confidence and reflects a strong ethical stance regarding resource allocation.