Ech Legacy Inc

Analysis

Ech Legacy Inc is a registered charity in United States, based in Ellwood City, PA. It received its IRS tax-exemption ruling in November 1956, 70 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ech Legacy Inc reported income of $51k and spending of $78k, spending 152% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income fell from $25.0m to $51k (-100%), an average of -71% a year. The sharpest change came in the year to June 2023, when income rose by 2346%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ech Legacy Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Denver Pet Partners ($51k), Alis Way ($51k) and Minnesota Neonatal Foundation ($51k).

At year end it held assets of $3.8m against liabilities of $1.1m, net assets of $2.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.