Round the Mountain Southwest Virginias Artisan Network

Analysis

Round the Mountain Southwest Virginias Artisan Network is a registered charity in United States, based in Abingdon, VA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Round the Mountain Southwest Virginias Artisan Network reported income of $79k and spending of $72k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $8,268 to $79k (+851%), an average of +57% a year. The sharpest change came in the year to June 2023, when income rose by 215%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Round the Mountain Southwest Virginias Artisan Network sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Downtown Evansville - Community Development Corporation ($79k), Progressive Womens Association ($79k) and Church & Community Assistance Program Inc ($79k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $1,958, net assets of $64k.