Echo Resources

Analysis

Echo Resources is a registered charity in United States, based in Walland, TN. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Echo Resources reported income of $70k and spending of $69k, spending 99% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $92k to $70k (-24%), an average of -24% a year. The sharpest change came in the year to September 2023, when income dropped by 24%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Echo Resources sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include Sima Foundation ($70k), Safe Schools New Hampshire ($70k) and Elkland Area Community Library ($70k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,053 against liabilities of $0, net assets of $3,053.