Appalachian Research & Defense Fund of Ky Inc

Analysis

Appalachian Research & Defense Fund of Ky Inc is a registered charity in United States, based in Prestonsburg, KY. It received its IRS tax-exemption ruling in September 1974, 52 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Appalachian Research & Defense Fund of Ky Inc reported income of $6.3m and spending of $5.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $6.3m (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Appalachian Research & Defense Fund of Ky Inc sits at the 94th percentile: it is larger than about 94% 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 Southern Arizona Legal Aid Inc ($6.3m), Men of Valor ($6.3m) and Boys & Girls Clubs of Greater Oxnard & Port Hueneme ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $387k (7.2% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $7.4m against liabilities of $1.2m, net assets of $6.2m. It reported 64 employees.