Southeastern Appalachian Rural Alliance Inc

Analysis

Southeastern Appalachian Rural Alliance Inc is a registered charity in United States, based in Lewisburg, WV. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Southeastern Appalachian Rural Alliance Inc reported income of $112k and spending of $156k, spending 139% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $137k to $112k (-18%), an average of -3.9% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 145% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southeastern Appalachian Rural Alliance Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within WV. Charities of a similar size with the same main cause include Edison Terrace South ($112k), Faith Home Restoration Inc ($112k) and Outreach for Christ Inc ($112k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $31k (20% of expenses). Other salaries and wages came to $23k. At year end it held assets of $1.4m against liabilities of $78k, net assets of $1.3m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.