Central Utah Food Sharing

Analysis

Central Utah Food Sharing is a registered charity in United States, based in Richfield, UT. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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, Central Utah Food Sharing reported income of $1.3m and spending of $1.5m, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $923k to $1.3m (+42%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Utah Food Sharing sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within UT. Charities of a similar size with the same main cause include Hult Center for Healthy Living Inc ($1.3m), The Mediation Group Inc ($1.3m) and U C L a Health System Auxiliary ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $4,266 (0.3% of expenses). Other salaries and wages came to $43k. At year end it held assets of $460k against liabilities of $0, net assets of $460k. It reported 6 employees.