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Massachusetts · Nonprofit

Armenian American Medical Association

Armenian American Medical Association (Massachusetts) receives grants from 11 organizations whose IRS filings report $472,553 to it, the largest being Afeyan Family Foundation ($267,724). 5 of them have funded it in more than one year.

Revenue FY2024
$173k
Funders on record
11
Grants received
$473k
Net assets
$278k
5/11 repeat funderspeak grant-dependency 32%
01What it does

What Armenian American Medical Association does

Mission

promote excellence in healthcare

As stated on its FY2024 Form 990-EZ.

Program

  1. Assisted the development of members by improving delievery of healthcare, medial education and research

    $0 spent

The program described on its FY2024 Form 990-EZ. Program spending in total: $0.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($109k) Expenses 100 ($351k) Net assets 100 ($227k)2022 Revenue 94 ($103k) Expenses 33 ($117k) Net assets 94 ($213k)2023 Revenue 63 ($69k) Expenses 31 ($110k) Net assets 85 ($192k)2024 Revenue 159 ($173k) Expenses 29 ($101k) Net assets 123 ($278k)
2021202220232024
Revenue (159)Expenses (29)Net assets (123)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $192k to $278k (+45%).

$227k
$213k
$192k
$278k
2021202220232024
Total assetsTotal liabilities

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.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

89% of Armenian American Medical Association’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).

This organization
Typical peer · 14,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 4 reported years ran a deficit.

−$241k
’21
−$14k
’22
−$40k
’23
$72k
’24
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 3 funders to 2 funders, grant income fell $93k → $20k.

4 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Armenian American Medical Association’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Armenian American Medical Association leans on a few funders — its largest provides 57% of grant income and the top three 76%; half comes from just 1 funder.

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

57%
largest funder
76%
top three
~3
effective funders

Largest funder’s share by year: 2020 54% · 2021 42% · 2022 78% · 2023 50% — 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–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of Armenian American Medical Association's funders are still giving 2 years after their first grant; 45% give in more than one year at all.

first grant+1y+2y

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

Armenian American Medical Association draws 69% of its grant income from funders outside Massachusetts, across 3 states in all.

NY
MA
DE

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

’20
’21
’22
Massachusetts out of state home

Funder states come from each funder’s own filing. $69k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Armenian American Medical Association runs a healthier operating margin than three-quarters of the 13,754 health nonprofits its size.

Operating margin42% · top quartile
Revenue growth (annualized)17% · above the median

this organization peer median middle 50% of peers· 13,754 health nonprofits $100k–$1M, FY2024

Organizations like Armenian American Medical Association

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Armenian American Medical Association: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Armenian American Medical Association?
Armenian American Medical Association (Massachusetts) receives grants from 11 organizations whose IRS filings report $472,553 to it, the largest being Afeyan Family Foundation ($267,724). 5 of them have funded it in more than one year.
How many funders does Armenian American Medical Association have?
IRS filings report 11 organizations giving $472,553 in grants to Armenian American Medical Association, 5 of which have funded it in more than one year.
Who is the largest funder of Armenian American Medical Association?
Afeyan Family Foundation is the largest funder on record, with $267,724 in grants. The full list of funders is on this page.
How can an organization like Armenian American Medical Association find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Armenian American Medical Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 11 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 October 14, 2026. What this page cannot tell you · view filing