Appalachian Heritage Schools
Analysis
Appalachian Heritage Schools is a registered charity in United States, based in Marion, VA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Appalachian Heritage Schools reported income of $175k and spending of $178k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $175k (-3.5%), an average of -3.5% a year. Over the whole period it spent 97% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Appalachian Heritage Schools sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include American Theatre Company ($175k), Loveland Opera Theatre ($175k) and Scalehouse ($175k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $34k against liabilities of $27, net assets of $34k.
Income and spending
Where the income comes from
- Contributions & grants 55%
- Program services 45%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Theatre Company | Tulsa | $175k |
| Loveland Opera Theatre | Loveland | $175k |
| Scalehouse | Bend | $175k |
| New Mexico Steam Locomotive & Railroad Historical Society | Albuquerque | $175k |