Hamere Berhan St Abba Samuel Ethiopian Orthodox Tewahedo Monast

Analysis

Hamere Berhan St Abba Samuel Ethiopian Orthodox Tewahedo Monast is a registered charity in United States, based in Elkwood, VA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. 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, Hamere Berhan St Abba Samuel Ethiopian Orthodox Tewahedo Monast reported income of $187k and spending of $130k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $268k to $187k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hamere Berhan St Abba Samuel Ethiopian Orthodox Tewahedo Monast sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include National Havurah Coordinating Committee ($187k), USA Artistic Swimming Foundation ($187k) and Harrison Township Historical Society ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $1.1m, net assets of $534k.