Tanner Trust for Utah Universities

Analysis

Tanner Trust for Utah Universities is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in August 1974, 52 years ago. 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, Tanner Trust for Utah Universities reported income of $643k and spending of $642k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $871k to $643k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tanner Trust for Utah Universities sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within UT. Charities of a similar size with the same main cause include Old Saybrook Senior Housing Incorporated ($643k), Partnership for Inclusive Disaster Strategies ($643k) and Tri County Chapter of Christian Life Resources ($643k).

At year end it held assets of $10.0m against liabilities of $0, net assets of $10.0m.