Ethiopian Community Association in Atlanta Inc
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
Where the income comes from
- Contributions & grants 82%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Central Pa Relief Auction | Mifflin | $585k |
| 1 Archangel Service Inc | Missouri City | $585k |
| Jenks Community Food Bank Inc | Jenks | $585k |
| New Mexico Boys and Girls Ranch Foundation Inc | Albuquerque | $585k |