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Ethiopian Community Association in Atlanta Inc

RegisteredEIN 58-1611151Stone MTN, GAPoverty relief
Income$585k2023-12
Spending$425ksame year
Spent / received60%5-year average
Size in its cause67th pctPoverty relief
Exempt since1994Publicly supported organisat
Employees0latest return

Analysis

Ethiopian Community Association in Atlanta Inc is a registered charity in United States, based in Stone MTN, GA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Ethiopian Community Association in Atlanta Inc reported income of $585k and spending of $425k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $614k to $585k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ethiopian Community Association in Atlanta Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Central Pa Relief Auction ($585k), 1 Archangel Service Inc ($585k) and Jenks Community Food Bank Inc ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. It paid $53k in professional fundraising fees. At year end it held assets of $3.3m against liabilities of $1.6m, net assets of $1.7m.

Income and spending

$0$165k$331k$496k$661k2019 Income: $614,3292019 Spending: $187,79520192020 Income: $365,5712020 Spending: $300,76620202021 Income: $447,5232021 Spending: $280,09520212022 Income: $661,1882022 Spending: $408,13920222023 Income: $585,0702023 Spending: $424,7862023
IncomeSpending

Where the income comes from

  • Contributions & grants 82%
  • Other 18%

Similar-sized charities, same cause

CharityLocationIncome
Central Pa Relief AuctionMifflin$585k
1 Archangel Service IncMissouri City$585k
Jenks Community Food Bank IncJenks$585k
New Mexico Boys and Girls Ranch Foundation IncAlbuquerque$585k