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Quebec · Registered charity

Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc.

Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc. (Quebec) receives grants from 13 organizations whose Canada Revenue Agency filings report C$251,795 to it, the largest being PayPal Giving Fund Canada (C$156,050). 8 of them have funded it in more than one year.

C$16k
Revenue FY2024
13
Funders on record
C$252k
Grants received
—
Net assets
8/13 repeat fundersgrants exceed reported revenue in one year

Against its field

Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc. runs a healthier operating margin than three-quarters of the 3,067 foundations nonprofits its size.

Operating margin85% · top quartile
Revenue growth (annualized)−16% · below the median

this organization peer median middle 50% of peers· 3,067 foundations nonprofits under $100k, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 (C$52k) Expenses 100 (C$59k)2018 Revenue 187 (C$97k) Expenses 126 (C$75k)2019 Revenue 155 (C$80k) Expenses 33 (C$20k)2020 Revenue 90 (C$47k) Expenses 183 (C$109k)2021 Revenue 1634 (C$847k) Expenses 843 (C$500k)2022 Revenue 45 (C$23k) Expenses 612 (C$363k)2023 Revenue 24 (C$12k) Expenses 3 (C$2k)2024 Revenue 30 (C$16k) Expenses 4 (C$2k)
'17'18'19'20'21'22'23'24
Revenue (30)Expenses (4)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

92% of Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc.’s revenue is contributions — about as donation-reliant as the typical peer (97% for the typical peer).

This organization
Typical peer · 2,538 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−C$8k
’17
C$22k
’18
C$61k
’19
−C$62k
’20
C$347k
’21
−C$340k
’22
C$10k
’23
C$13k
’24
9.1
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose C$110 → C$997.

From the CRA filings of Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc.’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How concentrated its funding is

Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc. leans on a few funders — its largest provides 62% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc..

62%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 67% · 2019 33% · 2020 65% · 2021 43% · 2022 98% · 2023 53% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How long its funders stay

25% of Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc.'s funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc. draws 67% of its grant income from funders outside Quebec, across 3 regions in all.

In-province vs out-of-province, by year

’17
’18
’19
’20
’21
’22
’23
Quebec out of province

Funder regions come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 13 funders put you under-funded among the 42 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc.

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In Quebec

Nationally

04Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Governance

7
board members

Questions and answers

Who funds Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc.?
Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc. (Quebec) receives grants from 13 organizations whose Canada Revenue Agency filings report C$251,795 to it, the largest being PayPal Giving Fund Canada (C$156,050). 8 of them have funded it in more than one year.
How many funders does Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc. have?
Canada Revenue Agency filings report 13 organizations giving C$251,795 in grants to Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc., 8 of which have funded it in more than one year.
Who is the largest funder of Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc.?
PayPal Giving Fund Canada is the largest funder on record, with C$156,050 in grants. The full list of funders is on this page.
How can an organization like Hayastan Foundation Canada Inc./Fondation Hayastan Canada Inc. find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Quebec.

Play a game about who funds Hayastan Foundation Canada Inc./Fondation Hayastan Canada →

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported September 23, 2026. What this page cannot tell you · View the T3010 on the CRA register