Heart of Appalachia Tourism Authority

Analysis

Heart of Appalachia Tourism Authority is a registered charity in United States, based in Saint Paul, VA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. 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 June 2024, Heart of Appalachia Tourism Authority reported income of $515k and spending of $562k, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.2m to $515k (-55%), an average of -15% a year. The sharpest change came in the year to June 2020, when income dropped by 33%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heart of Appalachia Tourism Authority sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Big Brothers Big Sisters of the Shoals Inc ($515k), International Latino Cultural Center of Chicago ($515k) and Bonnyvale Environmental Education Center at Heifer Hill Inc ($515k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $173k. At year end it held assets of $452k against liabilities of $31k, net assets of $422k. It reported 5 employees.