Foundation for Appalachian Ohio

Analysis

Foundation for Appalachian Ohio is a registered charity in United States, based in Nelsonville, OH. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Foundation for Appalachian Ohio reported income of $29.0m and spending of $13.8m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.0m to $29.0m (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 239%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for Appalachian Ohio sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Jewish Federation of Greater Metrowest NJ ($28.9m), Charlottesville Area Community Foundation ($29.2m) and Lawyers Trust Fund of Illinois ($28.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $396k (2.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $105.5m against liabilities of $7.4m, net assets of $98.1m. It reported 24 employees.