Etta Projects

Analysis

Etta Projects is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in September 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Etta Projects reported income of $567k and spending of $594k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $430k to $567k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Etta Projects sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Vision Health International ($567k), Guatemalan Tomorrow Fund Inc ($568k) and American Friends of International China Concern Limited ($567k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $66k (11% of expenses). Other salaries and wages came to $237k. At year end it held assets of $241k against liabilities of $16k, net assets of $225k. It reported 4 employees.