Ethaar Inc

Analysis

Ethaar Inc is a registered charity in United States, based in Clarkston, GA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ethaar Inc reported income of $358k and spending of $401k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $235k to $358k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ethaar Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include Big Homie Ministries International ($358k), Poohs Corner Inc ($358k) and Calvary Childcare Center ($358k).

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 $82k (21% of expenses). At year end it held assets of $79k against liabilities of $0, net assets of $79k. It reported 2 employees.