Is Echo Health Inc Legit?

Quick charity verification for Echo Health Inc (EIN: 205568986)

Verdict: Echo Health Inc appears trustworthy

85/100Mission Score
$201KRevenue
$150KAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Echo Health Inc. demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. For example, revenue grew from $82,432 in 2014 to $158,070 in 2023, and assets increased from $31,478 to $124,778 in the same period. The organization consistently reports 0% officer compensation, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. This practice enhances its financial efficiency and transparency. The organization's spending efficiency appears sound, with expenses generally tracking below revenue, allowing for asset accumulation. For instance, in 2023, expenses were $137,286 against revenues of $158,070. The absence of reported officer compensation is a significant positive indicator of transparency and a focus on program delivery. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited. Further detail on expense allocation would provide a clearer picture of operational efficiency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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