Project Ethiopia

Analysis

Project Ethiopia is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2017, 9 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, Project Ethiopia reported income of $274k and spending of $211k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $274k (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project Ethiopia sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include House of Hope - Mer Hooys Inc ($274k), Junior Achievement of Southwest Virginia Inc ($274k) and We Feed Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $15k (6.9% of expenses). Other salaries and wages came to $18k. At year end it held assets of $271k against liabilities of $0, net assets of $271k. It reported 2 employees.