Utah Association of Public Charter Schools

Analysis

Utah Association of Public Charter Schools is a registered charity in United States, based in Lehi, UT. It received its IRS tax-exemption ruling in November 2004, 22 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, Utah Association of Public Charter Schools reported income of $928k and spending of $924k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $798k to $928k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2021, when income rose by 24%. 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, Utah Association of Public Charter Schools sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within UT. Charities of a similar size with the same main cause include Friends of the Library of Collier County Inc ($928k), Power and Grace Preparatory Academy Inc ($928k) and South Point Scholars Academy Inc ($928k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $167k (18% of expenses). Other salaries and wages came to $321k. At year end it held assets of $934k against liabilities of $110k, net assets of $824k. It reported 7 employees.