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 2024.
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
Frequently Asked Questions
What is 587 Ministries Inc?
587 Ministries Inc is a nonprofit organization focused on Human Services, based in PASADENA, CA. It holds $767K in total assets as of 2024.
How large is 587 Ministries Inc?
As of 2024, 587 Ministries Inc holds $767K in total assets with $175K in annual revenue.
Where does 587 Ministries Inc operate?
587 Ministries Inc has awarded grants in California.
What is 587 Ministries Inc's EIN?
587 Ministries Inc's EIN (Employer Identification Number) is 27-3599488. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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