Embracing Hope Ethiopia Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 152,038 | 81,191 | 70,847 | 10.5 | — |
| 2013 | 234,351 | 173,850 | 60,501 | 9.1 | 20% |
| 2014 | 280,213 | 284,666 | −4,453 | 5.3 | 29% |
| 2015 | 310,703 | 348,126 | −37,423 | 3.1 | 15% |
| 2016 | 255,331 | 248,063 | 7,268 | 4.7 | 18% |
| 2017 | 294,580 | 260,945 | 33,635 | 6.0 | 18% |
| 2018 | 321,541 | 347,465 | −25,924 | 3.6 | 19% |
| 2019 | 258,989 | 318,106 | −59,117 | 1.7 | 31% |
| 2020 | 273,294 | 265,646 | 7,648 | 2.4 | 16% |
| 2021 | 255,218 | 208,433 | 46,785 | 5.7 | 7% |
| 2022 | 320,318 | 192,242 | 128,076 | 14.2 | 12% |
| 2023 | 304,747 | 357,526 | −52,779 | 5.9 | 12% |
| 2024 | 397,418 | 398,595 | −1,177 | 5.2 | 11% |
In its most recent public year (2024), this organization spent $1,177 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 10.5 in 2012. Staff pay was 11% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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