Fund For Armenian Relief Inc
Fund For Armenian Relief Inc shows strong asset growth and zero officer compensation despite fluctuating revenues.
EIN: 133706646 · New York, NY · NTEE: Q300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.7M |
| Total Expenses | $5.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $27 |
| Net Assets | $27.8M |
| Transparency Score | 90/100 |
Is Fund For Armenian Relief Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fund For Armenian Relief Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fund For Armenian Relief Inc
Fund For Armenian Relief Inc (EIN: 133706646) is a nonprofit organization based in New York, NY, classified under NTEE code Q300. The organization reported total revenue of $9.7M and total assets of $30.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fund For Armenian Relief Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fund For Armenian Relief Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.6M |
| Total Expenses | $5.9M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $27.9M |
| Total Liabilities | $145K |
| Net Assets | $27.8M |
| Operating Margin | 31.2% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 57.0 months |
Financial Health Grade: A
In 2023, Fund For Armenian Relief Inc reported a surplus of $2.7M with revenue exceeding expenses, holds 57.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fund For Armenian Relief Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.8% | -3.7% | +11.3% |
| 2022 | +134.7% | +10.1% | +20.2% |
| 2021 | -21.8% | +24.4% | +2.4% |
| 2020 | +45.1% | -9.8% | +14.9% |
| 2019 | +27.8% | +6.1% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fund For Armenian Relief Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Fund For Armenian Relief Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization with assets exceeding $27 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Fund For Armenian Relief Inc:
- Consistent asset growth, reaching $27,945,385 in 2023.
- Zero officer compensation reported across all available filings, indicating high efficiency and transparency.
- Low liabilities relative to assets, demonstrating strong financial stability (e.g., $145,431 liabilities vs. $27,945,385 assets in 2023).
- Expenses generally well-controlled relative to revenue, even during periods of revenue fluctuation.
- Strong program focus implied by the absence of executive compensation.
Frequently Asked Questions about Fund For Armenian Relief Inc
Is Fund For Armenian Relief Inc a legitimate charity?
Fund For Armenian Relief Inc (EIN: 133706646) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.7M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Fund For Armenian Relief Inc spend its money?
Fund For Armenian Relief Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fund For Armenian Relief Inc tax-deductible?
Fund For Armenian Relief Inc is registered as a tax-exempt nonprofit (EIN: 133706646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fund For Armenian Relief Inc CEO make?
Fund For Armenian Relief Inc's highest-compensated officer earns $27 annually. The organization reported $9.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fund For Armenian Relief Inc's spending goes to programs?
Fund For Armenian Relief Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fund For Armenian Relief Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Fund For Armenian Relief Inc is above average for NTEE category Q300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fund For Armenian Relief Inc located?
Fund For Armenian Relief Inc is headquartered in New York, New York and files with the IRS under EIN 133706646. It is classified under NTEE code Q300.
How many years of IRS 990 filings does Fund For Armenian Relief Inc have?
Fund For Armenian Relief Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9.7M in total revenue.
Is Fund For Armenian Relief Inc a good charity?
Based on the provided financial data, Fund For Armenian Relief Inc appears to be a very good charity. It demonstrates strong financial health with growing assets, low liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings.
How has Fund For Armenian Relief Inc's revenue trended?
Revenue for Fund For Armenian Relief Inc has fluctuated significantly, ranging from a low of $3,149,866 in 2015 to a high of $11,857,339 in 2022, before settling at $8,556,205 in 2023. This indicates a variable funding environment.
What is the organization's asset growth like?
Fund For Armenian Relief Inc has shown consistent and substantial asset growth, increasing from $13,645,084 in 2015 to $27,945,385 in 2023, demonstrating strong financial stewardship and accumulation of resources.
How does their officer compensation compare to other nonprofits?
The organization's consistent reporting of 0% officer compensation is exceptionally rare and highly favorable compared to most nonprofits, indicating a strong commitment to directing funds to programs rather than executive salaries.
Filing History
IRS 990 filing history for Fund For Armenian Relief Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fund For Armenian Relief Inc's revenue has grown by 179.2%, moving from $3.1M to $8.6M. Total assets increased by 234.9% over the same period, from $8.3M to $27.9M. Total functional expenses rose by 89%, from $3.1M to $5.9M. In its most recent filing year (2023), Fund For Armenian Relief Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $145K in liabilities against $27.9M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $27.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.6M | $5.9M | $27.9M | $145K | — | View 990 |
| 2022 | $11.9M | $6.1M | $25.1M | $108K | — | View 990 |
| 2021 | $5.1M | $5.6M | $20.9M | $128K | — | View 990 |
| 2020 | $6.5M | $4.5M | $20.4M | $180K | — | View 990 |
| 2019 | $4.4M | $4.9M | $17.8M | $146K | — | View 990 |
| 2018 | $3.5M | $4.7M | $17.3M | $121K | — | View 990 |
| 2017 | $8.5M | $4.4M | $19.0M | $104K | — | View 990 |
| 2016 | $5.2M | $4.7M | $14.2M | $101K | — | View 990 |
| 2015 | $3.1M | $4.7M | $13.6M | $176K | — | View 990 |
| 2014 | $4.3M | $3.7M | $15.3M | $91K | — | View 990 |
| 2013 | $8.3M | $3.4M | $14.8M | $194K | — | View 990 |
| 2012 | $4.1M | $2.9M | $9.4M | $83K | — | View 990 |
| 2011 | $3.1M | $3.1M | $8.3M | $216K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.6M, expenses of $5.9M, and assets of $27.9M (revenue -27.8% year-over-year).
- 2022: Revenue of $11.9M, expenses of $6.1M, and assets of $25.1M (revenue +134.7% year-over-year).
- 2021: Revenue of $5.1M, expenses of $5.6M, and assets of $20.9M (revenue -21.8% year-over-year).
- 2020: Revenue of $6.5M, expenses of $4.5M, and assets of $20.4M (revenue +45.1% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.9M, and assets of $17.8M (revenue +27.8% year-over-year).
- 2018: Revenue of $3.5M, expenses of $4.7M, and assets of $17.3M (revenue -58.9% year-over-year).
- 2017: Revenue of $8.5M, expenses of $4.4M, and assets of $19.0M (revenue +63.7% year-over-year).
- 2016: Revenue of $5.2M, expenses of $4.7M, and assets of $14.2M (revenue +64.4% year-over-year).
- 2015: Revenue of $3.1M, expenses of $4.7M, and assets of $13.6M (revenue -26.4% year-over-year).
- 2014: Revenue of $4.3M, expenses of $3.7M, and assets of $15.3M (revenue -48.4% year-over-year).
- 2013: Revenue of $8.3M, expenses of $3.4M, and assets of $14.8M (revenue +103.5% year-over-year).
- 2012: Revenue of $4.1M, expenses of $2.9M, and assets of $9.4M (revenue +33.1% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.1M, and assets of $8.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fund For Armenian Relief Inc:
Data Sources and Methodology
This transparency report for Fund For Armenian Relief Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.