Southern Appalachian Labor School Foundation Incorporated

Analysis

Southern Appalachian Labor School Foundation Incorporated is a registered charity in United States, based in Kincaid, WV. It received its IRS tax-exemption ruling in March 1983, 43 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 December 2023, Southern Appalachian Labor School Foundation Incorporated reported income of $960k and spending of $1.1m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $960k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Appalachian Labor School Foundation Incorporated sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within WV. Charities of a similar size with the same main cause include Mountain State Centers for Independent Living Inc ($960k), Teachers Teammates ($960k) and Mary Lake Montessori Inc ($960k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Other salaries and wages came to $174k. At year end it held assets of $2.4m against liabilities of $2.1m, net assets of $370k. It reported 18 employees.