Appalachian Educational Communication Corp

Analysis

Appalachian Educational Communication Corp is a registered charity in United States, based in Blountville, TN. It received its IRS tax-exemption ruling in November 1981, 45 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 Educational Communication Corp reported income of $681k and spending of $668k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $499k to $681k (+36%), an average of +11% a year. Over the whole period it spent 101% 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 Educational Communication Corp sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include League of Historic American Theatres ($681k), Voice of the Truth ($681k) and Daytona Playhouse ($680k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $90k (13% of expenses). Other salaries and wages came to $103k. At year end it held assets of $224k against liabilities of $778k, net assets of -$554k. It reported 7 employees.