Public Charity

INVEST APPALACHIA INC

INVEST APPALACHIA INC, of ASHEVILLE, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.7M in revenue, $4.3M in expenses, $8.0M in total assets. 12 publicly reported grants to this organization, totaling roughly $3.2M, appear in IRS filings.

EIN: 842748180 ASHEVILLE, NC Fund Raising & Fund Distribution NTEE: C12 Latest filing: 2025
Total Revenue$6.7M
Total Expenses$4.3M
Total Assets$8.0M
Grant Records12
Funding Total$3.2M
Filing Years2021–2025

Mission

INVEST APPALACHIA (IA) IS A REGIONAL IMPACT INVESTMENT PLATFORM DESIGNED BY AND FOR THE PEOPLE OF CENTRAL APPALACHIA. IA PROVIDES BLENDED INVESTMENT CAPITAL TO STRENGTHEN BUSINESS OPPORTUNITIES, BUILD EQUITABLE LOCAL WEALTH, ADVANCE CRITICAL SECTORS, AND INCREASE QUALITY OF LIFE FOR EVERYONE IN CENTRAL APPALACHIA. IA WAS INITIATED THROUGH THE APPALACHIA FUNDERS NETWORK AND DEVELOPED BY A COLLABORATIVE GROUP OF REGIONAL LEADERS REPRESENTING CDFIS, PUBLIC AND PRIVATE PHILANTHROPIC ENTITIES, LOCAL INSTITUTIONS, AND COMMUNITY ORGANIZATIONS.

Where $100 goes at Invest Appalachia Inc

How Invest Appalachia Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$95
Invest Appalachia aims to change the relationship between communities and capital
All program spending
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

CENTER FOR DISASTER PHILANTHROPY INC
2025
INVEST APPALACHIA RECEIVED $1,000,000 FROM THE TRUIST WESTERN NORTH CAROLINA RECOVERY AND RESILIENCY FUND FOR HOUSING AND SMALL BUSINESS RECOVERY, AND COMMUNITY RESILIENCE HUBS. INVEST APPALACHIA WILL PROVIDE ASSISTANCE AND SUPPORT FOR DISASTER RECOVERYTHROUGHOUT WESTERN NORTH CAROLINA IN RESPONSE TO HURRICANE HELENE
$1,000,000
THE MIAMI FOUNDATION INC
2025
PROGRAM SUPPORT
$385,000
CENTER FOR DISASTER PHILANTHROPY INC
2025
WITH A $299,500 GRANT FROM CDP'S ATLANTIC HURRICANE SEASON RECOVERY FUND AND DISASTER RECOVERY FUND, INVEST APPALACHIA WILL EMBARK ON A TWO-YEAR COORDINATED COMMUNICATIONS PROJECT TO TO SUPPORT LONG-TERM DISASTER RECOVERY FROM HURRICANE HELENE AND OTHER RECENT EXTREME WEATHER EVENTS. THE RECOVERY COMMUNICATIONS COORDINATOR WILL WORK ALONGSIDE OTHER ORGANIZATION STAFF AND THEIR REGIONAL PARTNERS TO AMPLIFY LOCAL STORIES OF RESILIENCE AND RECOVERY ACROSS CENTRAL APPALACHIA, INCLUDING STORIES AROUND DISASTER IMPACT, COMMUNITY RECOVERY, AND THE CRITICAL ROLE OF PROACTIVE INVESTMENT IN RURAL RESILIENCE AS THE REGION CONTINUES RECOVERY FROM HURRICANE HELENE AND OTHER EXTREME WEATHER EVENTS THAT HAVE OCCURRED OVER THE PAST SEVERAL YEARS, INCLUDING RECENT WINTER STORMS, MOUNTAINOUS FLOODING AND TORNADOES THAT HAVE CAUSED DISASTERS IN COUNTIES SPANNING ALL SIX STATES WITH APPALACHIA REGIONAL COMMISSION-DESIGNATED COUNTIES.
$299,500
ROCKEFELLER PHILANTHROPY ADVISORS INC
2024
COMMUNITY IMPROVEMENT & CAPACITY BUILDING, COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$500,000
THE NEW YORK COMMUNITY TRUST
2024
FOR PROGRAM SUPPORT.
$190,000

Showing up to 5 of 12 total records — full history available with membership.

Officers & Directors

CEO Andrew Crosson
BOARD MEMBER Bill Pollard
BOARD MEMBER Debbie Phillips
BOARD MEMBER Deb Markley
BOARD MEMBER Hope Huskey
BOARD MEMBER Karen Jacobson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Public Safety & Disaster Relief
$1,299,500 2 grants
General Support
$625,000 3 grants
Economic Development
$569,750 2 grants
Research & Policy
$100,000 1 grant
Environment & Conservation
$12,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $6.7M $4.3M $8.0M
2024 $4.6M $2.3M $5.4M
2023 $1.9M $2.3M $3.0M
2022 $3.9M $1.3M $3.2M
2021 $649K $444K $220K

Between 2021 and 2025, reported annual revenue grew from $649K to $6.7M (+935%), with total assets most recently reported at $8.0M.

Interactive year-over-year charts and full filing details available with membership.

Similar Organizations in NC

SLADE-BETTS FOUNDATION FOR PROTECTION OF WILDLIFE AND THE ENVIRONMENT
HIGH POINT, NC · Fund Raising & Fund Distribution
GARDEN CLUB COUNCIL OF WINSTON-SALEMFORSYTH COUNT
WINSTON SALEM, NC · Fund Raising & Fund Distribution
WE CAN SO YOU CAN INC
BOONE, NC · Fund Raising & Fund Distribution
CAPE LOOKOUT ALBACORE FOUNDATION INC
RALEIGH, NC · Fund Raising & Fund Distribution
FRIENDS OF CONSERVATION CARPATHIA IN THE UNITED STATES - FCC US INC
DURHAM, NC · Fund Raising & Fund Distribution

Browse all nonprofits & foundations in Asheville, →

See the full picture for INVEST APPALACHIA INC

Complete financials, all 12 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
Start Free Trial → Log In
7-day free trial Cancel any time