Appalachian Community Fund Inc

Analysis

Appalachian Community Fund Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 1988, 38 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Appalachian Community Fund Inc reported income of $1.5m and spending of $1.7m, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.5m (+48%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 367%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Appalachian Community Fund Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Variety of Greater Kansas City Tent 8 ($1.5m), Shadow Wood Charitable Foundation Inc ($1.5m) and Make a Wish Foundation of Vermont & Northeast New York Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.5% of the total. Other salaries and wages came to $334k. At year end it held assets of $6.1m against liabilities of $230k, net assets of $5.9m. It reported 6 employees.