Backroads of Appalachia

Analysis

Backroads of Appalachia is a registered charity in United States, based in Lynch, KY. It received its IRS tax-exemption ruling in May 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Backroads of Appalachia reported income of $1.1m and spending of $854k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $62k to $1.1m (+1710%), an average of +163% a year. The sharpest change came in the year to December 2022, when income rose by 294%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Backroads of Appalachia sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include New Perspectives Inc ($1.1m), We Make Autism at Work Inc ($1.1m) and International Caterers Association Educational Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $157k (18% of expenses). Other salaries and wages came to $128k. It paid $5,290 in professional fundraising fees. At year end it held assets of $399k against liabilities of $31k, net assets of $368k. It reported 4 employees.