University of Utah Research Foundation

Analysis

University of Utah Research Foundation is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in August 1972, 54 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 June 2023, University of Utah Research Foundation reported income of $28.6m and spending of $16.7m, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.4m to $28.6m (+85%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Utah Research Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within UT. Charities of a similar size with the same main cause include American Community School of Abu Dhabi ($28.6m), The Ross Institute Inc ($28.6m) and Third Future Schools ($28.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $339.3m against liabilities of $231.6m, net assets of $107.6m.