Solutions Utah a Non-Profit Corporation

Analysis

Solutions Utah a Non-Profit Corporation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Solutions Utah a Non-Profit Corporation reported income of $53k and spending of $84k, spending 158% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $84k to $53k (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 829%. Over the whole period it spent 202% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Solutions Utah a Non-Profit Corporation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within UT. Charities of a similar size with the same main cause include Downtown Lock Haven Inc ($53k), Homecor ($53k) and Diamond State Sustainability Corporation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.