Children of Ethiopia Education Fund

Analysis

Children of Ethiopia Education Fund is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in March 2002, 24 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 June 2023, Children of Ethiopia Education Fund reported income of $278k and spending of $283k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $190k to $278k (+46%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Children of Ethiopia Education Fund sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within UT. Charities of a similar size with the same main cause include Hill Country Rally for Kids Inc ($278k), Until We Are All Free Movement ($278k) and Fruit Bearers ($278k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.