American Foundation of Utah Inc

Analysis

American Foundation of Utah Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, American Foundation of Utah Inc reported income of $2.7m and spending of $2.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.7m (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income rose by 826%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Foundation of Utah Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Ingram-White Castle Foundation ($2.7m), NW Share ($2.7m) and Philanthropy Southwest ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. Compensation of current officers, directors and key employees was $7,800 (0.3% of expenses). At year end it held assets of $39.8m against liabilities of $0, net assets of $39.8m.