Development District Association of Appalachia Inc

Analysis

Development District Association of Appalachia Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Development District Association of Appalachia Inc reported income of $679k and spending of $671k, spending 99% of its income. Across the 5 years on record, from June 2020 to December 2023, income grew from $356k to $679k (+91%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Development District Association of Appalachia Inc 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 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Lycoming County Fair Association ($679k), Mid City Redevelopment Alliance Inc ($680k) and Opportunities for Deserving Individuals ($679k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $311k against liabilities of $85k, net assets of $226k.