Ethiopian Community Association Of Chicago Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,373,037 | 1,210,444 | 162,593 | 6.2 | 33% |
| 2012 | 1,430,697 | 1,489,947 | −59,250 | 4.6 | 34% |
| 2013 | 1,435,280 | 1,364,721 | 70,559 | 5.6 | 38% |
| 2014 | 996,314 | 1,148,278 | −151,964 | 5.1 | 39% |
| 2015 | 1,285,668 | 1,166,063 | 119,605 | 6.2 | 35% |
| 2016 | 1,119,956 | 1,181,876 | −61,920 | 5.5 | 37% |
| 2017 | 1,234,831 | 1,211,174 | 23,657 | 5.6 | 28% |
| 2018 | 427,881 | 819,163 | −391,282 | 2.6 | 0% |
| 2019 | 882,925 | 960,362 | −77,437 | 1.2 | 46% |
| 2020 | 597,660 | 727,226 | −129,566 | -0.5 | 47% |
| 2021 | 767,399 | 646,363 | 121,036 | 3.7 | 54% |
| 2022 | 2,994,049 | 2,326,131 | 667,918 | 5.5 | 29% |
| 2023 | 3,656,130 | 3,065,665 | 590,465 | 6.3 | 50% |
In its most recent public year (2023), this organization brought in $590,465 more than it spent. Its reserves stood at about 6.3 months of spending. Staff pay was 50% of spending. $29,189 of its net assets are donor-restricted.
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 2023. 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
Ethiopian Community Association Of Chicago Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works