Appalachian Fair Association Incorporated

Analysis

Appalachian Fair Association Incorporated is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in December 1962, 64 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Fair Association Incorporated reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.3m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Appalachian Fair Association Incorporated 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 82nd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include 757swim Inc ($1.3m), Florida State University Athletics Association Inc ($1.3m) and Stallions Hockey Association ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $71k (5.8% of expenses). Other salaries and wages came to $99k. At year end it held assets of $1.7m against liabilities of $97k, net assets of $1.7m. It reported 52 employees.