Project Echo

Analysis

Project Echo is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in November 1996, 30 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, Project Echo reported income of $73k and spending of $201k, spending 277% of what it took in. Across the 4 years on record, from June 2021 to December 2023, income fell from $297k to $73k (-76%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Echo sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Brooks Elementary School Foundation ($73k), Boothbay Region Education Foundation ($73k) and St Cloud Tech Boys Hockey Boosters ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $266k against liabilities of $1,900, net assets of $264k.