Mission
The New York Armenian Home has been caring for the frail and elderly for over 65 years, providing a home away from home for fellow Armenians. It aims to create congenial surroundings where residents find happiness while maintaining their Armenian culture. With plans for a new facility, the Home will combine top-notch health care and exciting amenities into a vibrant lifestyle for seniors, ensuring peace of mind for their families.
Basic Information
Founded in
2019
EIN
83-0666955
Total Assets
$13 million
At a Glance
Caring for Our Seniors
For over 65 years, we have been providing loving care for the elderly in a culturally rich environment.
Commitment to Heritage
Our primary goal is to maintain the Armenian culture and provide support regardless of political or church affiliation.
Future Expansion
Plans for a new facility that combines health care with a vibrant lifestyle for seniors.
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
57
58
/100
Program Expense Ratio
82.81%
14
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0.001372
20
/20
Working Capital Ratio
16.03
20
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 300K | 61.16% |
| Program Services | 0 | 0.00% |
| Investment Income | 202.6K | 41.30% |
| Sales of Non-Inventory Assets | -12.09K | -2.46% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 490.5K | 100.00% |
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