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International : Development and Relief Services (Grantmaking)

Armenian General Benevolent Union

Promoting the Armenian heritage around the world

92.68

55 East 59th Street New York, NY 10022
tel: (212) 319-6383   Web Site
EIN: 13-5600421

Board Leadership
Berge Setrakian
President

CEO
Anita Anserian
Managing Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 92.68
  Financial 89.65
  Accountability & Transparency 100.00
This rating was published 07/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Established in 1906, Armenian General Benevolent Union (AGBU) is the world's largest non-profit Armenian organization. Headquartered in New York City, AGBU preserves and promotes the Armenian identity and heritage through educational, cultural and humanitarian programs, annually serving some 500,000 Armenians in 30 countries. AGBU's educational program operates 24 primary, secondary and Saturday schools as well as a scholarship and grants component. We also sponsor a wide array of cultural initiatives to guarantee that Armenian culture continues to flourish in the fields of art, dance, music, and theatre. AGBU also provides disaster relief programs as well as medical assistance to needy people throughout the Armenian world.

Established in 1906, Armenian General Benevolent Union (AGBU) is the world's largest non-profit Armenian organization. Headquartered in New York City, AGBU preserves and promotes the Armenian identity and heritage through educational, cultural and humanitarian programs, annually serving some 500,000 Armenians in 30 countries. AGBU's educational program operates 24 primary, secondary and Saturday schools as well as a scholarship and grants component. We also sponsor a wide array of cultural initiatives to guarantee that Armenian culture continues to flourish in the fields of art, dance, music, and theatre. AGBU also provides disaster relief programs as well as medical assistance to needy people throughout the Armenian world.

Financial

89.65

Accountability & Transparency

100.00

This rating was published 07/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
75.1%
  Administrative Expenses 21.5%
  Fundraising Expenses 3.3%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 2.79
  Program Expenses Growth 9.0%
  Liabilities to Assets 1.4%
All data for Financial Performance Metrics calculations was provided by Armenian General Benevolent Union on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Armenian General Benevolent Union on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Armenian General Benevolent Union (NY) 92.68
Water 1st International (WA) 85.08
Loving Shepherd Ministries (IN) 95.05
International Disaster Emergency Service (IN) 96.59
Seva Foundation (CA) 90.86

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $18,763,722
   Federated Campaigns $0
   Membership Dues $31,297
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $18,795,019
   Program Service Revenue $1,006,705
Total Primary Revenue $19,801,724
   Other Revenue $5,716,605
TOTAL REVENUE $25,518,329
   
EXPENSES  
   Program Expenses $22,518,249
   Administrative Expenses $4,314,633
   Fundraising Expenses $1,208,300
TOTAL FUNCTIONAL EXPENSES $28,041,182
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-2,522,853
   
Net Assets $256,513,159

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Cultural Programs $10,928,484 48.5%
Educational Programs $8,459,010 37.6%
Religious Institutions $1,262,269 5.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 07/01/2021 92.68
2018-12 09/01/2020 83.26
2018-12 05/01/2020 76.38
2017-12 06/01/2019 91.04
2016-12 06/01/2018 85.03
2015-12 06/01/2017 84.98
2014-12 04/01/2017 84.90
2014-12 02/01/2017 84.08
2014-12 06/01/2016 80.88
 
CN 2.0
2013-12 08/01/2015 81.61
2012-12 05/01/2014 82.41
2011-12 07/01/2013 80.92
2010-12 04/01/2012 76.24
2009-12 09/20/2011 76.65
 
CN 1.0
2009-12 05/01/2011 75.38
2008-12 06/01/2010 72.70
2007-12 06/01/2009 92.94
2006-12 05/01/2008 89.22
2005-12 03/01/2007 88.41
2004-12 05/01/2006 78.73

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-5600421
Name in IRS Master File ARMENIAN GENERAL BENEVOLENT UNION
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (32) Nursery school
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Central - the organization is a parent (group ruling) and is not a church or 501(c)(1) organization.
Group Name ARMENIAN GENERAL BENEVOLENT UNION
Ruling Date November, 1959
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$232,583 0.82% Ani Susan Anserian Director of Programs
Other Salaries of Note
$255,024 0.90% Mark Gitlen Chief Financial Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Armenian General Benevolent Union (NY) 92.68
BlinkNow Foundation (NJ) 95.89
Los Cabos Children's Foundation (MN) 97.05
Water 1st International (WA) 85.08
Watoto Child Care Ministry, Inc. (FL) 94.69

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Armenian General Benevolent Union
55 East 59th Street
New York, NY 10022
tel: (212) 319-6383
fax: (212) 319-6507
EIN: 13-5600421

Visit Web Site

Board Leadership

Berge Setrakian
President

CEO

Anita Anserian
Managing Director

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