Ethiopian Impact Inc

Analysis

Ethiopian Impact Inc is a registered charity in United States, based in Stanford, KY. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Impact Inc reported income of $248k and spending of $398k, spending 161% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $107k to $248k (+132%), an average of +18% a year. The sharpest change came in the year to December 2019, when income rose by 166%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ethiopian Impact Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KY. Charities of a similar size with the same main cause include Ukrainian Relief Mission Charitable Corporation ($248k), Jochebeds Hope ($248k) and Spitler School Foundation ($248k).

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 $1,622. At year end it held assets of $141k against liabilities of $0, net assets of $141k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.