Gospel Echoes Team Assn Inc

Analysis

Gospel Echoes Team Assn Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 May 2023, Gospel Echoes Team Assn Inc reported income of $1.3m and spending of $925k, leaving 29% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.0m to $1.3m (+27%), an average of +6.2% a year. The sharpest change came in the year to May 2021, when income rose by 57%. Over the whole period it spent 80% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Gospel Echoes Team Assn Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Rhode Island Center for Justice ($1.3m), Court Appointed Special Advocates of Morris and Sussex Counties Inc ($1.3m) and Southeast Alabama Human Development Council Inc ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $151k (16% of expenses). Other salaries and wages came to $85k. At year end it held assets of $3.0m against liabilities of $3,030, net assets of $3.0m. It reported 17 employees.