Christian Appalachian Project Inc
Analysis
Christian Appalachian Project Inc is a registered charity in United States, based in Mount Vernon, KY. It received its IRS tax-exemption ruling in June 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2024, Christian Appalachian Project Inc reported income of $224.3m and spending of $222.7m, spending 99% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $133.8m to $224.3m (+68%), an average of +14% a year. The sharpest change came in the year to August 2021, when income rose by 25%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christian Appalachian Project Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within KY. Charities of a similar size with the same main cause include Elwyn of Pennsylvania and Delaware ($222.0m), Mers Missouri Goodwill Industries ($224.4m) and El Pasoans Fighting Hunger ($219.0m).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $1.1m (0.5% of expenses). Other salaries and wages came to $9.4m. It paid $369k in professional fundraising fees. At year end it held assets of $51.4m against liabilities of $1.6m, net assets of $49.8m. It reported 200 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.2%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Elwyn of Pennsylvania and Delaware | Elwyn | $222.0m |
| Mers Missouri Goodwill Industries | Saint Louis | $224.4m |
| El Pasoans Fighting Hunger | El Paso | $219.0m |
| Vinfen Corporation | Cambridge | $229.7m |