Appalachian Literacy Initiative

Analysis

Appalachian Literacy Initiative is a registered charity in United States, based in Bristol, TN. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 July 2024, Appalachian Literacy Initiative reported income of $368k and spending of $277k, leaving 25% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $238k to $368k (+55%), an average of +24% a year. The sharpest change came in the year to July 2024, when income rose by 25%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Appalachian Literacy Initiative sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Chehalis Ballet Center ($368k), Stecoah Valley Arts Crafts & Educational Center Inc ($368k) and Yankton County Historical Society ($368k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $29k. At year end it held assets of $243k against liabilities of $0, net assets of $243k. It reported 1 employees.