Appalachian Partnership Inc

Analysis

Appalachian Partnership Inc is a registered charity in United States, based in Logan, OH. It received its IRS tax-exemption ruling in May 2012, 14 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 December 2023, Appalachian Partnership Inc reported income of $5.0m and spending of $3.4m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $5.0m (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Appalachian Partnership Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include California Coastal Rural Development Corporation ($5.0m), Enfocus Inc ($5.0m) and NHS Neighborhood Redevelopment Corporation ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $540k (16% of expenses). Other salaries and wages came to $986k. At year end it held assets of $15.3m against liabilities of $10.7m, net assets of $4.6m. It reported 25 employees.