Ethiopia Reads
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 333,938 | 299,615 | 34,323 | 4.8 | 11% |
| 2012 | 133,932 | 136,241 | −2,309 | 10.5 | — |
| 2013 | 320,637 | 328,381 | −7,744 | 4.1 | 27% |
| 2014 | 422,063 | 386,619 | 35,444 | 4.5 | 32% |
| 2015 | 417,054 | 399,178 | 17,876 | 4.9 | 29% |
| 2016 | 428,018 | 426,097 | 1,921 | 4.6 | 27% |
| 2017 | 270,402 | 333,409 | −63,007 | 3.7 | 20% |
| 2018 | 162,168 | 202,573 | −40,405 | 3.6 | — |
| 2019 | 220,771 | 209,707 | 11,064 | 4.2 | 7% |
| 2020 | 250,203 | 172,153 | 78,050 | 10.5 | 9% |
| 2021 | 236,060 | 194,900 | 41,160 | 11.8 | 9% |
| 2022 | 312,408 | 207,073 | 105,335 | 17.3 | 9% |
| 2023 | 256,465 | 208,712 | 47,753 | 19.9 | 12% |
In its most recent public year (2023), this organization brought in $47,753 more than it spent. Its reserves stood at about 19.9 months of spending, up from 4.8 in 2011. Staff pay was 12% 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 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
Ethiopia Reads'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