Debre Medhanit Eyesus Ethiopian Orthodox Tewahido Church

Analysis

Debre Medhanit Eyesus Ethiopian Orthodox Tewahido Church is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in July 2015, 11 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 2023, Debre Medhanit Eyesus Ethiopian Orthodox Tewahido Church reported income of $682k and spending of $396k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $503k to $682k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Debre Medhanit Eyesus Ethiopian Orthodox Tewahido Church sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include The International Organization for the Family Inc ($681k), Gurdwara Guru Angad Darbar Inc ($682k) and St Vincent Depaul Society St Mary of the Lakes Conference Inc ($681k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $4.2m against liabilities of $2.3m, net assets of $1.9m.