Philanthropy & Grantmaking
(T50)
IRS Verified
DX Registered
990 on File
ARMENIA FUND INC
CharityAI™ Score
Not yet evaluated
Mission Statement
Armenia Fund is the largest humanitarian organization serving the needs of the Republic of Armenia and the Artsakh Republic. Our mission is to connect the people of Armenia with the worldwide Armenian Diaspora to create a better homeland for the Armenian nation.
Financial Overview — FY 2023
$478K
Total Revenue
$14.9M
Total Expenses
$44.7M
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.1%
Fundraising Efficiency
N/A
Operating Reserve
36.04x
Liability-to-Asset
0.2%
Revenue Diversification
312.5%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $478K | $14.9M | $44.7M | 92.1% | 2 |
| 2022 | $1.5M | $10.1M | $52.3M | 89.2% | 3 |
| 2021 | $15.4M | $4.4M | N/A | — | 4 |
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