Fund For Armenian Relief Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,456,613 | 4,465,281 | 1,991,332 | 54.4 | 20% |
| 2021 | 5,051,910 | 5,552,682 | −500,772 | 44.9 | 17% |
| 2022 | 11,857,339 | 6,112,784 | 5,744,555 | 49.1 | 18% |
| 2023 | 8,556,205 | 5,884,833 | 2,671,372 | 56.7 | 20% |
In its most recent public year (2023), this organization brought in $2,671,372 more than it spent. Its reserves stood at about 56.7 months of spending, up from 54.4 in 2020. Staff pay was 20% of spending. $20,069,148 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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