Utah Center for Affordable Housing

Analysis

Utah Center for Affordable Housing is a registered charity in United States, based in Midvale, UT. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Utah Center for Affordable Housing reported income of $715k and spending of $680k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $715k (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Utah Center for Affordable Housing sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within UT. Charities of a similar size with the same main cause include Immaculate Conception Senior Residence Inc ($715k), Family Service Senior Housing Corporation ($716k) and Erma Cava Housing Development Fund Company Inc ($714k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 77% of the total. At year end it held assets of $16.7m against liabilities of $86k, net assets of $16.6m.