Appalachian College Association

Analysis

Appalachian College Association is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Appalachian College Association reported income of $6.3m and spending of $4.7m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $6.3m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Appalachian College Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include Westwood School Corp ($6.3m), Gladstone Foundation ($6.3m) and Elysian Charter School of Hoboken Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.2% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $303k (6.5% of expenses). Other salaries and wages came to $275k. At year end it held assets of $36.6m against liabilities of $1.4m, net assets of $35.2m. It reported 9 employees.