Ethiopian Community Center Inc

Analysis

Ethiopian Community Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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, Ethiopian Community Center Inc reported income of $377k and spending of $386k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $377k (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ethiopian Community Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include Crozet Volunteer Fire Department Inc ($377k), Community Tax Aid Inc ($377k) and Chris Howell Foundation ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.5% of the total. Other salaries and wages came to $278k. At year end it held assets of $199k against liabilities of $29k, net assets of $170k. It reported 18 employees.