Appalachian Home & Health Inc

Analysis

Appalachian Home & Health Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Appalachian Home & Health Inc reported income of $2.5m and spending of $1.2m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $2.5m (+3892%), an average of +151% a year. The sharpest change came in the year to December 2023, when income rose by 4800%. Over the whole period it spent 48% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Appalachian Home & Health Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Housing and Education Alliance Inc ($2.5m), NB Housing Partners ($2.5m) and Community Lenders Community Development Corporation ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 58% of the total. At year end it held assets of $2.0m against liabilities of $535k, net assets of $1.5m.