Appalachia Service Project Inc

Analysis

Appalachia Service Project Inc is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in January 1977, 49 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Appalachia Service Project Inc reported income of $13.9m and spending of $14.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.8m to $13.9m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Appalachia Service Project Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include East River Development Alliance Inc ($13.9m), Willow Towers Inc ($13.9m) and Convivial Life Inc ($13.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $218k (1.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $9.7m against liabilities of $1.3m, net assets of $8.4m. It reported 192 employees.