Logo for "ARMENIAN GENERAL BENEVOLENT UNION"

ARMENIAN GENERAL BENEVOLENT UNION

ARMENIAN GENERAL BENEVOLENT UNION

New York, NY, US
501(c)3
EIN
13-5600421
Regional Funder
Parent Organization
Logo for "ARMENIAN GENERAL BENEVOLENT UNION"

ARMENIAN GENERAL BENEVOLENT UNION

New York, NY, US
501(c)3
EIN
13-5600421
Regional Funder
Parent Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$34,559,386

Contributions
69%
Investments
22%
Other
5%
Program Services
4%
Membership Dues
<1%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024

$29,384,138

Grants
48%
Salaries & Benefits
20%
Other
9%
Fees to Service Providers
9%
Offices, Occupancy & IT
7%
Depreciation
6%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$26,695,281
$23,852,253
-11%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,041,737
$1,301,573
+25%
Membership Dues
$9,340
$29,941
+221%
Investments
$6,840,265
$7,572,430
+11%
Other
$3,525,747
$1,803,189
-49%
Total Revenues
$38,112,370
$34,559,386
-9%
Expenses
2023
2024
Change
Grants
$13,738,014
$14,061,998
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,834,117
$6,010,036
+3%
Fees to Service Providers
$2,823,713
$2,673,771
-5%
Advertising & Promotion
$168,894
$143,603
-15%
Offices, Occupancy & IT
$1,808,610
$2,049,486
+13%
Interest
$0
$0
-
Depreciation
$1,632,476
$1,667,644
+2%
Other
$2,247,907
$2,777,600
+24%
Total Expenses
$28,253,731
$29,384,138
+4%
Net income
2023
2024
Change
Net income
+$9,858,639
+$5,175,248
-48%
Functional Expenses
Summary
2023
2024
Change
Program
$23,434,585
$23,842,391
+2%
Admin
$3,371,532
$4,303,762
+28%
Fundraising
$1,447,614
$1,237,985
-14%
Total Expenses
$28,253,731
$29,384,138
+4%
Income Statement
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