Ethiopian Community Development Council Inc

Analysis

Ethiopian Community Development Council Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in November 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Ethiopian Community Development Council Inc reported income of $70.5m and spending of $67.5m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $13.5m to $70.5m (+422%), an average of +51% a year. The sharpest change came in the year to September 2022, when income rose by 378%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ethiopian Community Development Council Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Ageways Nonprofit Senior Services ($70.5m), Kendal-Crosslands Communities ($70.6m) and Catholic Charities Diocese of San Diego ($70.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Other salaries and wages came to $13.8m. At year end it held assets of $38.4m against liabilities of $21.6m, net assets of $16.8m. It reported 253 employees.