Ethiopian Evangelical Church Charlotte North Carolina

Analysis

Ethiopian Evangelical Church Charlotte North Carolina is a registered charity in United States, based in Indian Trail, NC. It received its IRS tax-exemption ruling in May 1972, 54 years ago. 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, Ethiopian Evangelical Church Charlotte North Carolina reported income of $126k and spending of $120k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $15k to $126k (+764%), an average of +764% a year. The sharpest change came in the year to December 2023, when income rose by 764%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ethiopian Evangelical Church Charlotte North Carolina sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include CT Mayhem Baseball Inc ($126k), Simsbury Abc Program Inc ($126k) and Andalusia City Schools Foundation Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,391 against liabilities of $0, net assets of $7,391.