To support the vulnerable in society by missions and other charitable activities toward individuals.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$767K
+18.9% YoY
Revenue
$175K
+19.9% YoY
Net Investment Income
$7K
+48.5% YoY
Expenses
$137K
+5.3% YoY
About 587 Ministries Inc
Based on IRS filings
587 Ministries Inc is a nonprofit organization focused on Human Services, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $767K in total assets. Net investment income was $7K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $766,873 | $645,046 | $584,352 |
| Revenue | $175,473 | $146,300 | $141,058 |
| Expenses | $137,364 | $130,415 | $130,511 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,242 | $4,877 | $5,998 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Paul Barmaksezian | President | 25 | $50,000 |
| Ani Barmaksezian | Board Member | — | — |
| Lisa Haleblian | Board Member | 1 | — |
| Herag Haleblian | Board Member | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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