Canyons School District Education Foundation

Analysis

Canyons School District Education Foundation is a registered charity in United States, based in Sandy, UT. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Canyons School District Education Foundation reported income of $1.5m and spending of $1.2m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Canyons School District Education Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within UT. Charities of a similar size with the same main cause include Cardeza T D & McD-Cardeza FDN ($1.5m), Saras Pre-School Inc ($1.5m) and Cornerstone Crossroads Academy Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $105k (8.9% of expenses). Other salaries and wages came to $6,461. At year end it held assets of $1.5m against liabilities of $9,382, net assets of $1.5m.