University of Utah Asia Campus

Analysis

University of Utah Asia Campus is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Utah Asia Campus reported income of $11.5m and spending of $11.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $11.5m (+79%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Utah Asia Campus sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within UT. Charities of a similar size with the same main cause include People for People Charter School Inc ($11.5m), Afya Baltimore Incorporated ($11.5m) and University of North Carolina at Greensboro Investment Fund Inc ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $114k (1.0% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $5.4m against liabilities of $806k, net assets of $4.6m. It reported 27 employees.