World Trade Center Utah Foundation

Analysis

World Trade Center Utah Foundation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in March 2025. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World Trade Center Utah Foundation reported income of $320k and spending of $50k, leaving 84% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $430k to $320k (-26%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 51% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, World Trade Center Utah Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within UT. Charities of a similar size with the same main cause include Das Greenhaus Inc ($320k), City of Kingston Local Development Corp ($320k) and Elkins Depot Welcome Center CVB Inc ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $47k. At year end it held assets of $1.6m against liabilities of $696k, net assets of $906k.