Abune Aregawi Ethiopian Orthodox Tewahdo Church Inc

Analysis

Abune Aregawi Ethiopian Orthodox Tewahdo Church Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Abune Aregawi Ethiopian Orthodox Tewahdo Church Inc reported income of $186k and spending of $197k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $181k to $186k (+2.5%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 129% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abune Aregawi Ethiopian Orthodox Tewahdo Church Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 28th percentile within DC. Charities of a similar size with the same main cause include Laborers in Christ Inc ($186k), Garland Street Church of Christ Missions Inc ($186k) and Swallow S Nest Ministries Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $87k. At year end it held assets of $0 against liabilities of $0, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.