Compositional characteristics of maceral and extractable organic matter (EOM) of the No. 10 coal from the Yueliangtian mine, Guizhou, Southwestern China, were analyzed by optical microscopy, gas chromatography (GC), and gas chromatography-mass spectrometry (GC-MS). The depositional conditions, thermodynamic effect, type and maturity of organic matter, and possible health hazards were evaluated. The random vitrinite reflectance (R o ) is 1.01%, and the macerals are dominated by collodetrinite, inertodetrinite, collotelinite, and fusinite. The coal seam is a terrestrial sedimentary environment of the lower delta plain through the analysis of coal facies. Additionally, the extracted yield of EOM is 1.01%. The low ratio of saturated to aromatic fraction and the distribution of n-alkanes indicate that the coal-forming plants are primarily terrestrial higher plants. Typical isoprenoid biomarker parameters, including pristane/phytane (Pr/ Ph), Pr/n-C 17 , and Ph/n-C 18 , reflect a weak oxidizing environment of coal. The hopanoid biomarkers, odd−even predominance index (OEP), and carbon preference index (CPI) reveal that the organic matter was mature. More than one hundred polycyclic aromatic compounds (PACs) were eluted and identified, and the phenanthrenes and naphthalenes account for a higher proportion. Thermodynamic stabilities play an essential role in the conversion of molecular structures, which support the relatively high contents of 2-methylnaphthalene, 2-and 3-methylphenanthrenes, and 2,6-and 2,7-dimethylphenanthrenes compared to their respective isomers. The oxygen-containing and sulfur-containing aromatic compounds also indicate the weak oxidization of the coal-formation environment, which is consistent with the results of isoprenoid biomarkers. Because of the carcinogenicity and mutagenicity of PACs, the distribution and toxic equivalency of PACs are briefly summarized.