Debre Tsehai Saint Tekle Haimanot Wearegawi Church

Analysis

Debre Tsehai Saint Tekle Haimanot Wearegawi Church is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in February 2011, 15 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 2021, Debre Tsehai Saint Tekle Haimanot Wearegawi Church reported income of $266k and spending of $183k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $218k to $266k (+22%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Debre Tsehai Saint Tekle Haimanot Wearegawi Church sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Emerging Leadership Initiative ($266k), Muslim Chaplain Services of Virginia ($266k) and Wccm-Usa Ltd Corporation ($266k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $59k. At year end it held assets of $0 against liabilities of $0, net assets of $0.