Appalachian Assistive Technology Loan Fund Inc

Analysis

Appalachian Assistive Technology Loan Fund Inc is a registered charity in United States, based in King of Prussia, PA. It received its IRS tax-exemption ruling in November 2021, 5 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, Appalachian Assistive Technology Loan Fund Inc reported income of $107k and spending of $146k, spending 136% of what it took in. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Appalachian Assistive Technology Loan Fund Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Building Bridges Foundation ($107k), Solon Senior Adovcates Inc ($107k) and American Veterans Help Corps NFP ($107k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $27k (19% of expenses). Other salaries and wages came to $13k. At year end it held assets of $2.9m against liabilities of $216k, net assets of $2.7m.