Aid to Distressed Families of Appalachian Counties Inc-Adfac Inc

Analysis

Aid to Distressed Families of Appalachian Counties Inc-Adfac Inc is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Aid to Distressed Families of Appalachian Counties Inc-Adfac Inc reported income of $1.2m and spending of $1.4m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $773k to $1.2m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aid to Distressed Families of Appalachian Counties Inc-Adfac Inc 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 81st percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Ten Yad Kallah Gemach Inc ($1.2m), Brooke Hancock Family Resource Network Inc ($1.2m) and Heart 2 Heart Volunteers Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $51k (3.7% of expenses). Other salaries and wages came to $277k. At year end it held assets of $1.6m against liabilities of $28k, net assets of $1.6m. It reported 12 employees.