Oglethorpe Echo Legacy Incorporated
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
Where the income comes from
- Contributions & grants 21%
- Program services 79%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kenosha County Historical Society Inc | Kenosha | $282k |
| TLC Foundation for the Blind | Reseda | $282k |
| The Gold Shield Foundation Inc | Tampa | $282k |
| New England Amateur Skating Foundation Inc | Providence | $282k |