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Struggle to Save Ethiopian Jewry Inc

RegisteredEIN 13-4113620New York, NYGrant-making and general purposes
Income$5.0m2023-12
Spending$4.2msame year
Spent / received76%5-year average
Size in its cause93rd pctGrant-making and general purposes
Exempt since2000Publicly supported organisat
Employees0latest return

Analysis

Struggle to Save Ethiopian Jewry Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Struggle to Save Ethiopian Jewry Inc reported income of $5.0m and spending of $4.2m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $911k to $5.0m (+447%), an average of +53% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Struggle to Save Ethiopian Jewry Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include The Education Foundation of Collier County Inc ($5.0m), Indiana United Methodist Childrens Home Foundation Inc ($5.0m) and Salem Community Foundation Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m.

Income and spending

$0$1.2m$2.5m$3.7m$5.0m2019 Income: $910,9702019 Spending: $826,11420192020 Income: $1,519,0982020 Spending: $1,293,62020202021 Income: $3,473,1942021 Spending: $1,835,06220212022 Income: $3,582,7512022 Spending: $2,884,20220222023 Income: $4,984,9262023 Spending: $4,169,2662023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 4.0%

Similar-sized charities, same cause

CharityLocationIncome
The Education Foundation of Collier County IncNaples$5.0m
Indiana United Methodist Childrens Home Foundation IncIndianapolis$5.0m
Salem Community Foundation IncSalem$5.0m
United Way of Northwest Indiana IncValparaiso$5.0m