Echoppe Inc

Analysis

Echoppe Inc is a registered charity in United States, based in Columbia City, IN. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Echoppe Inc reported income of $58k and spending of $122k, spending 209% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $58k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Echoppe Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IN. Charities of a similar size with the same main cause include Wallace Christmas Fund ($58k), Belmont Chinese American Association ($59k) and Dont Give Up Movement ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.