Kanawha Valley Collective Inc

Analysis

Kanawha Valley Collective Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kanawha Valley Collective Inc reported income of $2.9m and spending of $2.9m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $339k to $2.9m (+760%), an average of +105% a year. The sharpest change came in the year to June 2021, when income rose by 329%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kanawha Valley Collective Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within WV. Charities of a similar size with the same main cause include Daymark Inc ($2.9m), Community Impact Program Inc ($2.9m) and Claremont Neighborhood Centers Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $216k. At year end it held assets of $841k against liabilities of $729k, net assets of $112k. It reported 9 employees.