Utah Valley Home Builders Foundation Inc

Analysis

Utah Valley Home Builders Foundation Inc is a registered charity in United States, based in Vineyard, UT. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Utah Valley Home Builders Foundation Inc reported income of $306k and spending of $152k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $306k (+353%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 173%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Utah Valley Home Builders Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within UT. Charities of a similar size with the same main cause include Basalt Education Foundation ($306k), Department of TN American Legion Auxiliary Volunteer Girl State ($307k) and Nordstrom Home & School Club ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $18k, net assets of $1.1m.