Armenian National Committee Of America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 820,891 | 798,218 | 22,673 | 5.2 | 49% |
| 2020 | 1,195,543 | 823,043 | 372,500 | 10.5 | 46% |
| 2021 | 1,128,779 | 851,083 | 277,696 | 14.1 | 48% |
| 2022 | 1,007,421 | 935,916 | 71,505 | 13.7 | 55% |
| 2023 | 1,254,047 | 1,027,940 | 226,107 | 15.1 | 55% |
In its most recent public year (2023), this organization brought in $226,107 more than it spent. Its reserves stood at about 15.1 months of spending, up from 5.2 in 2019. Staff pay was 55% of spending.
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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