Teach for Ethiopia Inc

Analysis

Teach for Ethiopia Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Teach for Ethiopia Inc reported income of $140k and spending of $111k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $144k to $140k (-2.9%), an average of -1.5% a year. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teach for Ethiopia Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include Elements Learning Collaborative Inc ($140k), Little Mountain Forest School ($140k) and Allama Iqbal Medical College Alumni Association of North America Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (73% of expenses). At year end it held assets of $186k against liabilities of $4,178, net assets of $181k. It reported 1 employees.