Empower Ethiopia Inc

Analysis

Empower Ethiopia Inc is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in November 2014, 12 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, Empower Ethiopia Inc reported income of $84k and spending of $66k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $84k (+141%), an average of +140% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Empower Ethiopia Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Kum Ba Yah Foundation ($83k), Wsu International Development ($84k) and Christ Philippine Missions NFP ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.