Applied Technology Foundation

Analysis

Applied Technology Foundation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Applied Technology Foundation reported income of $121k and spending of $79k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $121k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Applied Technology Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within UT. Charities of a similar size with the same main cause include Libertas Classical Community Inc ($121k), Baltimore Underground Science Space ($121k) and Vilanova Financial Club Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 127% of the total. Other salaries and wages came to $24k. At year end it held assets of $207k against liabilities of $222, net assets of $206k. It reported 1 employees.