Channing Hall a Utah Nonprofit Corporation

Analysis

Channing Hall a Utah Nonprofit Corporation is a registered charity in United States, based in Draper, UT. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Channing Hall a Utah Nonprofit Corporation reported income of $5.8m and spending of $5.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $5.8m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Channing Hall a Utah Nonprofit Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within UT. Charities of a similar size with the same main cause include New Life Academy of Excellence Inc ($5.8m), Utah Autism Academy ($5.8m) and Waldorf School Inc ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $116k (2.2% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $10.8m against liabilities of $8.1m, net assets of $2.7m. It reported 101 employees.