Serve Ethiopians Washington

Analysis

Serve Ethiopians Washington is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 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, Serve Ethiopians Washington reported income of $149k and spending of $134k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $149k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serve Ethiopians Washington sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Bridges to Recovery ($149k), Angel Resource Connection ($149k) and Access Builds Children Inc ($149k).

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 $9,592 (7.2% of expenses). Other salaries and wages came to $80k. At year end it held assets of $45k against liabilities of $3,331, net assets of $42k. It reported 3 employees.