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New York · Nonprofit

FUND FOR ARMENIAN RELIEF INC

FUND FOR ARMENIAN RELIEF INC (New York) receives grants from 57 organizations whose IRS filings report $22,346,241 to it, the largest being EDWARD & HELEN MARDIGIAN FOUNDATION ($9,552,500). 34 of them have funded it in more than one year.

Revenue FY2024
$9.0M
Funders on record
57
Grants received
$22M
Net assets
$31M
34/57 repeat funderspeak grant-dependency 61%
01What it does

What Fund for Armenian Relief Inc does

Mission

Far is dedicated to honoring the past, empowering the present andensuring the future for people in armenia. Far gives hope, guidance and opportunity to those in need, empowering them to create a betterpresent and helping them pave the way to a stronger future. Far's vision is to develop an equitable, sustainable, and resilient armenian homeland, where people are thriving: leading dignified lives with universal access to opportunities to realize their full potential through education, healthcare and decent work. They are proud members of a progressive nation making indispensable contributions to the betterment of their local communities and the world at large. Far provides short term emergency relief and implements long-term programs for the economic growth and social development of armenia.it helps the most vulnerable segments of the population - children and the elderly - and prepares professionals to lead their newly independent country. Headquartered in new york, far has three offic

As stated on its FY2024 Form 990.

Programs

  1. Economic development programs - See Schedule O for program description

    $1,757,430 spentof which $408,848 as grants
    31% of program spending
  2. Educational programs - see Schedule O for program description.

    $644,817 spentof which $274,483 as grants
    11% of program spending
  3. Childrens Programs - see Schedule O for program description

    $1,613,429 spentof which $817,536 as grants
    28% of program spending
  4. Emergency Needs program

    $991,214 spentof which $113,109 as grants
    17% of program spending
  5. Seniors program

    $459,597 spentof which $113,200 as grants
    8% of program spending
  6. Healthcare programs

    $236,610 spentof which $88,231 as grants
    4% of program spending

The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,703,097.

02The 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 ($8.5M) Expenses 100 ($4.4M) Net assets 100 ($19M)2018 Revenue 41 ($3.5M) Expenses 106 ($4.7M) Net assets 91 ($17M)2019 Revenue 52 ($4.4M) Expenses 112 ($4.9M) Net assets 93 ($18M)2020 Revenue 76 ($6.5M) Expenses 101 ($4.5M) Net assets 107 ($20M)2021 Revenue 60 ($5.1M) Expenses 126 ($5.6M) Net assets 110 ($21M)2022 Revenue 140 ($12M) Expenses 139 ($6.1M) Net assets 132 ($25M)2023 Revenue 101 ($8.6M) Expenses 134 ($5.9M) Net assets 147 ($28M)2024 Revenue 106 ($9.0M) Expenses 152 ($6.7M) Net assets 162 ($31M)
'17'18'19'20'21'22'23'24
Revenue (106)Expenses (152)Net assets (162)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 2021 to 2022, from $21M to $25M (+20%).

$19M
$17M
$18M
$20M
$21M
$25M
$28M
$31M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2021 1% · 2022 0% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.

91% of FUND FOR ARMENIAN RELIEF INC’s revenue is contributions — about as donation-reliant as the typical peer (97% for the typical peer).

This organization
Typical peer · 1,680 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.

$4.1M
’17
−$1.2M
’18
−$500k
’19
$2.0M
’20
−$501k
’21
$5.7M
’22
$2.7M
’23
$2.3M
’24
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Randy Sapah-Gulian

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2018182021212220
Joined·+3+2+6+2+2+4+2
No longer listed·5241234
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 13 funders to 26 funders, grant income rose $834k → $3.3M.

13 of 57 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $667k from one payer (the payer shares this organization's board, largest Armenian Church Endowment Fund Inc). These are real filings, and they are not money FUND FOR ARMENIAN RELIEF INC raised.

From the IRS filings of FUND FOR ARMENIAN RELIEF INC’s funders (the co-funder graph). Top 30 of 57 funders by total. 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

FUND FOR ARMENIAN RELIEF INC leans on a few funders — its largest provides 43% of grant income and the top three 61%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

43%
largest funder
61%
top three
~5
effective funders

Largest funder’s share by year: 2017 23% · 2018 55% · 2019 39% · 2020 40% · 2021 48% · 2022 40% · 2023 41% — growing more concentrated.

“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

50% of FUND FOR ARMENIAN RELIEF INC's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

FUND FOR ARMENIAN RELIEF INC draws 73% of its grant income from funders outside New York, across 16 states in all.

VT
NH
IL
WI
MI
NY
MA
NJ
CT
RI
CA
KY
VA
MD
NC
FL

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

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $2.0M arriving through sponsors registered in 10 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

FUND FOR ARMENIAN RELIEF INC runs a healthier operating margin than three-quarters of the 1,608 international nonprofits its size.

Operating margin26% · top quartile
Months of reserve11.9mo · top quartile
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 1,608 international nonprofits $1M–$10M, FY2024

Organizations like FUND FOR ARMENIAN RELIEF INC

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 New York

Nationally

05Profile & governance

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

Where the money goes

85% of spending goes to programs.

Program 85%Management 10%Fundraising 5%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

69%

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

Footprint & structure

Files a return copy in 4 states

MI
NY
NJ
FL

Part of a family of 5 related entities

  • Gortcarar Hof Lcc · disregarded
  • Childrens Support Center Foundation · exempt
  • Vanadzor Old Age Home Foundation · exempt
  • Gyumri Information Technologies Center · exempt
  • Tavush Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FUND FOR ARMENIAN RELIEF INC: 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 FUND FOR ARMENIAN RELIEF INC?
FUND FOR ARMENIAN RELIEF INC (New York) receives grants from 57 organizations whose IRS filings report $22,346,241 to it, the largest being EDWARD & HELEN MARDIGIAN FOUNDATION ($9,552,500). 34 of them have funded it in more than one year.
How many funders does FUND FOR ARMENIAN RELIEF INC have?
IRS filings report 57 organizations giving $22,346,241 in grants to FUND FOR ARMENIAN RELIEF INC, 34 of which have funded it in more than one year.
Who is the largest funder of FUND FOR ARMENIAN RELIEF INC?
EDWARD & HELEN MARDIGIAN FOUNDATION is the largest funder on record, with $9,552,500 in grants. The full list of funders is on this page.
How can an organization like FUND FOR ARMENIAN RELIEF INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 57 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 22, 2026. What this page cannot tell you · view filing