Eastern Appalachian Teen Challenge Inc
Analysis
Eastern Appalachian Teen Challenge Inc is a registered charity in United States, based in Fincastle, VA. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Eastern Appalachian Teen Challenge Inc reported income of $437k and spending of $466k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $394k to $437k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 100% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eastern Appalachian Teen Challenge Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Lifesouth Community Foundation Inc ($437k), Global Impact International Inc ($437k) and Edwards County Senior Activity Center Inc ($437k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $171k (37% of expenses). Other salaries and wages came to $100k. At year end it held assets of $542k against liabilities of $3,575, net assets of $539k. It reported 10 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 11%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lifesouth Community Foundation Inc | Gainesville | $437k |
| Global Impact International Inc | Rome | $437k |
| Edwards County Senior Activity Center Inc | Rocksprings | $437k |
| Friendship House | Midland | $437k |