North American Conference on Ethiopian Jewry Inc

Analysis

North American Conference on Ethiopian Jewry Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, North American Conference on Ethiopian Jewry Inc reported income of $1.6m and spending of $2.5m, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.8m to $1.6m (-76%), an average of -30% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, North American Conference on Ethiopian Jewry Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Hope House Ministries Inc ($1.6m), Discipleship Network of America-Dna Ministries ($1.6m) and World Christian Charity Fund ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $96k (3.9% of expenses). Other salaries and wages came to $495k. At year end it held assets of $5.6m against liabilities of $381k, net assets of $5.2m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.