Echo Ministries

Analysis

Echo Ministries is a registered charity in United States, based in Helen, GA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Echo Ministries reported income of $338k and spending of $322k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $255k to $338k (+33%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Echo Ministries sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Hope Economy Inc ($338k), Faithful City Inc ($339k) and Orthodox Christian Network Inc ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $68k (21% of expenses). Other salaries and wages came to $102k. At year end it held assets of $168k against liabilities of $8,144, net assets of $160k. It reported 3 employees.