Education for Ethiopia

Analysis

Education for Ethiopia is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Education for Ethiopia reported income of $282k and spending of $277k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $282k (+942%), an average of +942% a year. The sharpest change came in the year to December 2023, when income rose by 942%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education for Ethiopia sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Bentonville Public Schools Foundation ($282k), Tony Kemp Ministries Inc ($282k) and Plainfield High School Hockey Association ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,139 against liabilities of $1,352, net assets of $4,787.