Friends of Cedar Mesa

Analysis

Friends of Cedar Mesa is a registered charity in United States, based in Bluff, UT. It received its IRS tax-exemption ruling in December 2012, 14 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, Friends of Cedar Mesa reported income of $1.9m and spending of $1.4m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Cedar Mesa sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within UT. Charities of a similar size with the same main cause include Sheltered Inc ($1.9m), Brooklyn Hospital Foundation Inc ($1.9m) and Boy Scouts of America ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $131k (9.4% of expenses). Other salaries and wages came to $587k. At year end it held assets of $1.7m against liabilities of $177k, net assets of $1.5m. It reported 17 employees.