Mahibere Kahinat Zesemen America

Analysis

Mahibere Kahinat Zesemen America is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Mahibere Kahinat Zesemen America reported income of $55k and spending of $17k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $17k to $55k (+230%), an average of +230% a year. The sharpest change came in the year to December 2023, when income rose by 230%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mahibere Kahinat Zesemen America sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 11th percentile within DC. Charities of a similar size with the same main cause include Gathering Wow Ministries ($55k), Friends of Adventure in Missions Inc ($55k) and Maryland Bible Society ($55k).

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 $91k against liabilities of $46k, net assets of $45k.