Armenian Church Endowment Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,936,292 | 2,577,303 | 1,358,989 | 230.3 | 3% |
| 2012 | 10,140,690 | 2,512,889 | 7,627,801 | 288.1 | 3% |
| 2013 | 3,121,880 | 2,725,231 | 396,649 | 286.7 | 3% |
| 2014 | 3,029,309 | 3,045,931 | −16,622 | 254.7 | 3% |
| 2015 | 4,460,543 | 3,154,118 | 1,306,425 | 233.9 | 2% |
| 2016 | 5,494,338 | 3,292,188 | 2,202,150 | 235.5 | 2% |
| 2017 | 5,813,257 | 3,397,187 | 2,416,070 | 258.0 | 3% |
| 2018 | 7,412,837 | 3,439,100 | 3,973,737 | 234.7 | 3% |
| 2019 | 3,159,593 | 3,455,622 | −296,029 | 263.3 | 3% |
| 2020 | 190,058 | 3,477,120 | −3,287,062 | 279.7 | 3% |
| 2021 | 15,006,380 | 3,671,348 | 11,335,032 | 319.8 | 3% |
| 2022 | −5,279,564 | 3,734,499 | −9,014,063 | 262.4 | 3% |
| 2023 | 4,363,783 | 3,976,412 | 387,371 | 266.7 | 3% |
In its most recent public year (2023), this organization brought in $387,371 more than it spent. Its reserves stood at about 266.7 months of spending, up from 230.3 in 2011. Staff pay was 3% of spending. $86,754,263 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
Armenian Church Endowment Fund Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works