Southern Echo Inc

Analysis

Southern Echo Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in June 1994, 32 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 December 2023, Southern Echo Inc reported income of $1.3m and spending of $1.7m, spending 128% of what it took in. Across the 3 years on record, from December 2018 to December 2023, income grew from $1.1m to $1.3m (+24%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 137% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern Echo Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within MS. Charities of a similar size with the same main cause include Friends of Wla ($1.3m), Teach Western Mass Inc ($1.3m) and Deaf and Blind Pathways Foundation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $566k (33% of expenses). At year end it held assets of $2.5m against liabilities of $113k, net assets of $2.4m. It reported 9 employees.

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.