Friends of Ethiopian Jews Inc

Analysis

Friends of Ethiopian Jews Inc is a registered charity in United States, based in Newton Centre, MA. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Ethiopian Jews Inc reported income of $1.0m and spending of $532k, leaving 48% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $820k to $1.0m (+25%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Ethiopian Jews Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Pati Ministries Inc ($1.0m), Wesleyan Youth Inc ($1.0m) and Aia Supportive Services Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $511k against liabilities of $0, net assets of $511k.