Ethio 360 Media Inc

Analysis

Ethio 360 Media Inc is a registered charity in United States, based in Annandale, VA. It received its IRS tax-exemption ruling in October 2020, 6 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, Ethio 360 Media Inc reported income of $896k and spending of $673k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $896k (+246%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ethio 360 Media Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Southern Exposure ($896k), Cultural Island Travel Inc ($897k) and Company E Inc ($896k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $494k against liabilities of $0, net assets of $494k.