Ecochallenge Corporation

Analysis

Ecochallenge Corporation is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Ecochallenge Corporation reported income of $702k and spending of $603k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $613k to $702k (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ecochallenge Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Tri-County Speaks ($702k), Brea Aquatic Association Inc ($702k) and Progress Michigan Education ($702k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $86k (14% of expenses). Other salaries and wages came to $253k. At year end it held assets of $614k against liabilities of $33k, net assets of $581k. It reported 5 employees.