Impact Ethiopia Ministries Inc

Analysis

Impact Ethiopia Ministries Inc is a registered charity in United States, based in Holly Hill, FL. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Impact Ethiopia Ministries Inc reported income of $151k and spending of $132k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $151k (-6.3%), an average of -6.3% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Impact Ethiopia Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Linh Mu Buddhist Center of Stone Mountain Corporation ($151k), Mision Cristiana LA Cosecha Final ($151k) and Grace Holiness Deliverance Church Incorportated ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.