Armenia Fund Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SUPPORT THE PEOPLE OF ARMENIA.
- Income
- $2.9 million
- Spending
- $2.8 million
- Spent on programs
- 66%
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 75%
- Employees
- 3
- Volunteers
- 350
- Highest pay
- $201,404, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 79% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 4% of income.
Income trend
15 of 15Income rose 510% on the year before.
Spending floor
15 of 1566% of spending went to programs and raising each dollar of donations cost 29 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 57% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $705,750 spent. GYUMRI HOUSING PROJECT - A MULTI-YEAR, PHASED HOUSING CONSTRUCTION PROJECT IN THE CITY OF GYUMRI TO RELOCATE FAMILIES WHO, FOLLOWING THE 1988 EARTHQUAKE, HAVE LIVED IN INADEQUATE CONDITIONS, TO PERMANENT HOUSING. TWO BUILDINGS OF 15-UNITS WILL ALSO HOUSE FAMILIES OF LOST AND INJURED SERVICE MEMBERS OF THE 44-DAY WAR. GYUMRI 2ND PHASE HOUSING PROJECT TO HOUSE THE VICTIMS OF THE EARTHQUAKE AND FAMILIES OF FALLEN AND INJURED SOLDIERS OF THE 2020 WAR IN THE CITY OF GYUMRI, ARMENIA. IN JUNE 2024, THE 2ND PHASE OF THE CONSTRUCTION WAS COMPLETED.
- $235,960 spent. DOMESTIC VIOLENCE CENTER - THE PROJECT CONSISTS OF SUPPORTING A WOMEN'S CENTER IN YEREVAN TO HELP BATTERED WOMEN AND VICTIMS OF DOMESTIC VIOLENCE. THE PROGRAM CONSISTS OF PROVIDING WOMEN NEW OPPORTUNITIES, JOB TRAINING, AND MEDICAL AND PSYCHOLOGICAL CARE, AS WELL AS SUPPORTING CHILDREN WHO HAVE SOUGHT REFUGE WITH THEIR MOTHERS AT THE CENTER. THE CENTER EMPOWERS WOMEN AND GIVES THEM THE CHANCE TO CONTINUE WITH THEIR LIVES AND RECOVER FROM THE EXPERIENCE OF DOMESTIC VIOLENCE AND ABUSE.
- $158,420 spent. ARTSAKH DANCE GROUP - FOLLOWING THEIR FORCED DISPLACEMENT FROM ARTSAKH AND THE SUBSEQUENT LACK OF STATE FUNDING, THE ARTSAKH STATE DANCE ENSEMBLE WAS FACING DISSOLUTION. AS PART OF ITS ONGOING MISSION TO PRESERVE THE CULTURE AND TRADITIONS OF ARTSAKH, ARMENIA FUND SPONSORED THE ARTSAKH STATE DANCE ENSEMBLE. FUNDING WAS PROVIDED TO PAY SALARIES, COVER TRAVEL AND TOURING EXPENSES, AND SECURE PERFORMANCE SPACES FOR THE GROUP.
- $736,529 spent. 1. NOYEMBERYAN MEDICAL CENTER - $138,051FUNDED THE COMPLETE RENOVATION AND RECONSTRUCTION OF THE INFECTIONS DEPARTMENT OF THE NOYEMBERYAN MEDICAL CENTER, LOCATED IN THE TAVUSH REGION OF ARMENIA. MERE KILOMETERS FROM THE BORDER, THE NOYEMBERYAN MEDICAL CENTER IS A VITAL CENTER FOR WOUNDED SERVICEMEN TO RECEIVE IMMEDIATE TREATMENT. THIS PHASE OF THE PROJECT INCLUDED UPGRADES TO THE EARTHQUAKE RESISTANCE OF THE BUILDING, REPLACING THE ASBESTOS SLATE ROOF TO METAL, BUILDING A NEW FOUNDATION FOR THEBUILDING, INSTALLING HEATING THROUGHOUT THE BUILDING, REBUILDING THE INTERNAL SEWAGE SYSTEM OF THE BUILDING, AND UPGRADING THE ELECTRICAL INFRASTRUCTURE OF THE CENTER. THIS PROGRAM WAS COMPLETED IN FEBRUARY 2024.2. YEREVAN STATE UNIVERSITY STUDENT TUITION ASSISTANCE - $100,000IN COLLABORATION WITH THE WESTERN DIOCESE OF THE ARMENIAN CHURCH, ARMENIA FUND COMMITTED TO ASSIST WITH THE TUITION OF STUDENTS AT YEREVAN STATE UNIVERSITY IN ARMENIA. THE SUBSIDIZATION OF THESE STUDENTS' TUITIONS WILL ALLOW THEM TO CONTINUE THEIR HIGHER EDUCATION.3. DAY CARE CENTER FOR MENTALLY HANDICAPPED ADULTS - $93,773IN THIS PROGRAM, ARMENIA FUND, INC. SUPPORTED THE OPERATIONS AND EXPANSION OF A DAY CARE CENTER, "WAY TO HAPPINESS NGO," WHICH SERVES ADULTS AGES 18-64 WHO ARE LIVING WITH AUTISM AND OTHER MENTAL HANDICAPS. THE BENEFICIARIES RESIDE IN THE CENTER, WHERE THEY ALSO RECEIVE PROFESSIONAL CARE AND COGNITIVE EXERCISES. THE GOAL OF THE PROJECT IS TO GIVE THESE INDIVIDUALS THE SKILLS AND TOOLS TO ESTABLISH THEIR OWN INDEPENDENCE AND SELF-SUFFICIENCY THROUGH PRACTICAL SKILLS SUCH AS COOKING, GARDENING, AND THE ARTS.4. WORLD VISION ARMENIA - $65,000WORLD VISION IS A GLOBAL HUMANITARIAN ORGANIZATION WITH AN OFFICE IN ARMENIA WHICH PROVIDES PSYCHOLOGICAL AND CIVIC SUPPORT SERVICES TO CHILDREN AND ADOLESCENTS IN REMOTE VILLAGE COMMUNITIES. FOLLOWING THE FORCED DISPLACEMENT OF REFUGEES FROM ARTSAKH TO ARMENIA IN SEPTEMBER 2023, ARMENIA FUND BEGAN COLLABORATING WITH WORLD VISION ARMENIA TO ENSURE THAT CHILDREN AND FAMILIES WHO SETTLED IN THESE REMOTE VILLAGES WOULD RECEIVE THE PSYCHOSOCIAL PROTECTION AND TREATMENT SERVICES THEY REQUIRED. THE COMMUNITIES SERVED BY THIS PROJECT INCLUDE: NOYEMBERYAN, IJEVAN, TALIN, APARAN AND SISIAN.5. "SUN" CHILDREN CENTER - $55,000ARMENIA FUND, INC. PROVIDES SUPPORT TO THE "SUN CHILDREN" CENTER BASED IN YEREVAN. THE CENTER IS ONE OF THE FEW YEAR-ROUND, FREE OF CHARGE, PROFESSIONAL CARE CENTERS FOR CHILDREN WITH DOWN SYNDROME IN ARMENIA. AROUND EIGHTY CHILDREN LIVING WITH DOWN SYNDROME RECEIVE THE FOLLOWING TREATMENTS AND SERVICES AT THE CENTER: PHYSICAL THERAPY, PLAY THERAPY, PSYCHOTHERAPY, OCCUPATIONAL THERAPY, AND SPEECH THERAPY, ALL FROM LICENSED THERAPISTS. THE CENTER ALSO ORGANIZES RECITALS AND VARIETY SHOWS, IN WHICH THE CHILDREN ARE ABLE TO EXPRESS THEIR CREATIVITY AND FORM MEANINGFUL CONNECTIONS.6. ARMENIAN CULTURAL ADVANCEMENT PROGRAMS - $30,000THIS PROGRAM IS A MULTI-PRONGED APPROACH TO ADVANCE THE PRESERVATION AND PROMOTION OF ARMENIAN ART AND CULTURE. IN 2024, THE PROGRAM CONSISTED OF THREE SEPARATE INITIATIVES: (I) SUPPORTING THE TEAM ARMENIA BASKETBALL PROGRAM BY FUNDING THEM IN THE AMOUNT OF $20,000 FOR THE PURPOSE OF COVERING TRAVEL FEES FOR INTERNATIONAL TOURNAMENTS AND FOR THE DEVELOPMENT OF UNDER-18 YOUTH TRAINING PROGRAMS. (II) $10,000 WAS ALLOCATED TO THE CULTURAL IMPACT FOUNDATION TO ASSIST WITH THE PRODUCTION OF THE FILM "FACES OF PERSECUTION GENOCIDE 2.0: ARTSAKH ETHNIC CLEANSING."7. HAYORDI - $29,580HAYORDI IS AN NGO LOCATED IN YEREVAN, ARMENIA, WHICH FOCUSES ITS EFFORTS ON CHILDREN WHO HAVE LOST THEIR FATHERS AND/OR OTHER FAMILY MEMBERS DURING THE RECENT MILITARY CONFLICTS IN THE REGION OF ARTSAKH. ARMENIA FUND SPONSORED THE HAYORDI SUMMER CAMP INITIATIVE, WHICH GAVE 300 CHILDREN WHO WERE FORCIBLY DISPLACED FROM THEIR HOMES IN ARTSAKH THE OPPORTUNITY TO PARTICIPATE IN DAILY GROUP ACTIVITIES, EDUCATIONAL PROGRAMS, AND TRADITIONAL CULTURAL EVENTS FOR THE SUMMER.8. "MICHEL ODENT MOTHER CENTER" NGO - $10,000ARMENIA FUND, INC., IN COLLABORATION WITH THE "MICHEL ODENT MOTHER CENTER NGO" PROVIDES BIRTH AND POSTPARTUM SERVICES FOR MOTHERS IN RURAL AREAS OF ARMENIA AND SERVED AREAS OF ARTSAKH AS WELL. THE CENTER PROVIDES VITAL SERVICES FOR NEW MOTHERS OR MOTHERS-TO-BE, INCLUDING CHILDBIRTH PREPARATION CLASSES AND BIRTH AND POSTPARTUM DOULA SERVICES, IN ADDITION TO PROVIDING HOLISTIC EDUCATION AND TRAINING SERVICES TO BIRTH WORKERS.9. ARMENIAN PARA-ATHLETICS FEDERATION - $10,040THE ARMENIAN PARA-ATHLETICS FOUNDATION, DEVELOPED BY WOUNDED ATHLETE STAS NAZARYAN, IS A FOUNDATION WHICH PROMOTES AND TRAINS PARA-ATHLETES IN ARMENIA. AFTER THE 44-DAY ARTSAKH WAR IN 2020, NAZARYAN AND HIS FELLOW PARALYMPIC ATHLETES DECIDED TO PUT THEIR YEARS OF EXPERIENCE TO THE SERVICE OF WOUNDED SOLDIERS. THE FOUNDATION IS VITAL FOR REBUILDING THE LIVES OF SOLDIERS WHO LOST LIMBS DURING THE WAR. AS PART OF ARMENIA FUND'S CONTINUOUS SUPPORT OF THE FOUNDATION, THE FUND SPONSORED A TRAINING CAMP FOR THE PARA-ATHLETES.10. PRESERVING ARMENIA'S VINES - $10,000A CONTRIBUTION OF $10,000 WAS MADE TO THE ARMENIAN TREE PROJECT FOR THE "PRESERVING ARMENIA'S VINES" INITIATIVE. THIS PROJECT WILL HELP MITIGATE THE RISK OF PHYLLOXERA INFESTATION, AN INVASIVE INSECT WHICH FEASTS ON AND DESTROYS GRAPE VINES, IN ARMENIAN VINEYARDS. A PHYLLOXERA INFESTATION WOULD HAVE CATASTROPHIC CONSEQUENCES FOR ONE OF ARMENIA'S MOST CULTURALLY AND ECONOMICALLY SIGNIFICANT INDUSTRIES.11.PSYCHOLOGICAL SUPPORT PROGRAM FOR COMMUNITIES IN TAVUSH - $8,000IN COLLABORATION WITH NONPROFIT ORGANIZATION "TEGH FOUNDATION FOR PSYCHOLOGICAL & CULTURAL CONNECTION," ARMENIA FUND, INC. IMPLEMENTED A PROGRAM TO PROVIDE PSYCHOLOGICAL AID TO ADOLESCENTS AND ADULTS LIVING IN THE REMOTE, BORDER COMMUNITIES OF THE TAVUSH REGION OF ARMENIA. THE PROGRAM PROVIDES CRISIS INTERVENTION AND COMMUNITY REINTEGRATION PROGRAMS FOR CHILDREN, TEENAGERS, AND WOMEN WHO HAVE EXPERIENCED IMMENSE TRAUMA AS A RESULT OF THE 44-DAY WAR OF 2020. THE PROGRAM ALSO EXPANDED TO P
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1995.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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