Tigray-Ethiopian Communityassociation in Colorado

Analysis

Tigray-Ethiopian Communityassociation in Colorado is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Tigray-Ethiopian Communityassociation in Colorado reported income of $819k and spending of $117k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $391k to $819k (+109%), an average of +109% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 16% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tigray-Ethiopian Communityassociation in Colorado sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Faith Walk Community Fitness Park ($818k), Children of Grace ($820k) and Directorio Democratico Cubano Inc ($817k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $8,394. At year end it held assets of $1.6m against liabilities of $177k, net assets of $1.4m. It reported 2 employees.