Ethiopia Act
Analysis
Ethiopia Act is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 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, Ethiopia Act reported income of $599k and spending of $704k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $614k to $599k (-2.4%), an average of -0.6% a year. Over the whole period it spent 96% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ethiopia Act sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include Aprovecho Research Center ($598k), Associacion de Mexicanos En Carolina Del Norte Amerxcan ($599k) and Share Haiti Inc ($598k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (8.5% of expenses). At year end it held assets of $422k against liabilities of $1,206, net assets of $421k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Aprovecho Research Center | Cottage Grove | $598k |
| Associacion de Mexicanos En Carolina Del Norte Amerxcan | Greenville | $599k |
| Share Haiti Inc | Hutchinson | $598k |
| Transatlantic Policy Network | Washington | $599k |