Ethiopian Sport Federation in North America

Analysis

Ethiopian Sport Federation in North America is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ethiopian Sport Federation in North America reported income of $915k and spending of $1.0m, spending 113% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $702k to $915k (+30%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 1041%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ethiopian Sport Federation in North America sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Katy Youth Soccer Club ($915k), Americans Soccer Club of NJ Inc ($915k) and Camp Kum-Ba-Yah Inc ($915k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $372k against liabilities of $0, net assets of $372k.