Embracing Hope Ethiopia Inc

Analysis

Embracing Hope Ethiopia Inc is a registered charity in United States, based in New Holland, PA. It received its IRS tax-exemption ruling in March 2011, 15 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 June 2024, Embracing Hope Ethiopia Inc reported income of $397k and spending of $399k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $273k to $397k (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Embracing Hope Ethiopia Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Just Foreign Policy ($397k), Together for Haiti ($398k) and Fne International Inc ($396k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (9.0% of expenses). Other salaries and wages came to $8,840. At year end it held assets of $174k against liabilities of $320, net assets of $174k. It reported 2 employees.