Utah Association of Family Support Centers Inc

Analysis

Utah Association of Family Support Centers Inc is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in April 2005, 21 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 June 2023, Utah Association of Family Support Centers Inc reported income of $3.4m and spending of $3.3m, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $2.5m to $3.4m (+37%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 37%. 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, Utah Association of Family Support Centers Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within UT. Charities of a similar size with the same main cause include National Urban Fellows Inc ($3.4m), Winona Family YMCA ($3.4m) and Project Vida ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $98k (3.0% of expenses). Other salaries and wages came to $150k. At year end it held assets of $568k against liabilities of $454k, net assets of $114k. It reported 3 employees.