Echo Project

Analysis

Echo Project is a registered charity in United States, based in Laurens, SC. It received its IRS tax-exemption ruling in October 2020, 6 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, Echo Project reported income of $117k and spending of $130k, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $384k to $117k (-70%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Echo Project sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 46th percentile within SC. Charities of a similar size with the same main cause include North Carolina Governors School Foundation ($117k), PS 42 PTA Eltingville School ($117k) and Alisal High School Booster Club ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (48% of expenses). At year end it held assets of $267k against liabilities of $0, net assets of $267k.