Eritrean Community Association Inc

Analysis

Eritrean Community Association Inc is a registered charity in United States, based in Stone MTN, GA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Eritrean Community Association Inc reported income of $304k and spending of $290k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $304k (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eritrean Community Association Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Urban League of Greater Richmond ($304k), Foundation for Abilities First Ny ($304k) and Would-Works Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $1.1m against liabilities of $375k, net assets of $682k.