Mormon History Association

Analysis

Mormon History Association is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in October 1974, 52 years ago. 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, Mormon History Association reported income of $327k and spending of $329k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $310k to $327k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mormon History Association 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 63rd percentile, and in the 62nd percentile within UT. Charities of a similar size with the same main cause include Steam Exchange Community Arts Center Inc ($327k), Live Love Animal Services Incorporated ($327k) and American Society of Civil Engineers ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $88k (27% of expenses). At year end it held assets of $579k against liabilities of $322, net assets of $579k.