St Michael Ethiopian Orthodox Tewahda Church

Analysis

St Michael Ethiopian Orthodox Tewahda Church is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, St Michael Ethiopian Orthodox Tewahda Church reported income of $470k and spending of $358k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $270k to $470k (+74%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Michael Ethiopian Orthodox Tewahda Church sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include City Church Inc ($470k), Servant House Education Ministries and Advancements Inc ($470k) and Maranatha Power Ministries Inc ($470k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. Other salaries and wages came to $35k. At year end it held assets of $2.3m against liabilities of $300, net assets of $2.3m.