Echo Collective

Analysis

Echo Collective is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Echo Collective reported income of $170k and spending of $181k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $130k to $170k (+31%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Echo Collective sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NE. Charities of a similar size with the same main cause include Jefferson County Literacy Council Inc ($170k), Aliya International Student Exchange Program Inc ($170k) and Batavia City School District Foundation Inc ($170k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. At year end it held assets of $82k against liabilities of $7,472, net assets of $74k.