Tigrai Media House

Analysis

Tigrai Media House is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Tigrai Media House reported income of $241k and spending of $284k, spending 118% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $465k to $241k (-48%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 236%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tigrai Media House sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 32nd percentile within DC. Charities of a similar size with the same main cause include Santa Fe Trail Association ($241k), Academy of Hawaiian Arts Inc ($241k) and Greenwich Choral Society Inc ($241k).

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 $98k. At year end it held assets of $246k against liabilities of $246k, net assets of $0.