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Oglethorpe Echo Legacy Incorporated

RegisteredEIN 87-3098936Lexington, GAOther charitable purposes
Income$282k2023-12
Spending$109ksame year
Spent / received41%2-year average
Size in its cause59th pctOther charitable purposes
Exempt since2021Publicly supported organisat
Employees0latest return

Analysis

Oglethorpe Echo Legacy Incorporated is a registered charity in United States, based in Lexington, GA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, Oglethorpe Echo Legacy Incorporated reported income of $282k and spending of $109k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $248k to $282k (+13%), an average of +14% a year. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oglethorpe Echo Legacy Incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Kenosha County Historical Society Inc ($282k), TLC Foundation for the Blind ($282k) and The Gold Shield Foundation Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.

Income and spending

$0$70k$141k$211k$282k2022 Income: $248,2692022 Spending: $108,69620222023 Income: $281,7152023 Spending: $108,9992023
IncomeSpending

Where the income comes from

  • Contributions & grants 21%
  • Program services 79%

Similar-sized charities, same cause

CharityLocationIncome
Kenosha County Historical Society IncKenosha$282k
TLC Foundation for the BlindReseda$282k
The Gold Shield Foundation IncTampa$282k
New England Amateur Skating Foundation IncProvidence$282k