Wasatch Community Gardens

Analysis

Wasatch Community Gardens is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in January 1990, 36 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, Wasatch Community Gardens reported income of $3.7m and spending of $2.3m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $3.7m (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 54% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wasatch Community Gardens sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within UT. Charities of a similar size with the same main cause include Workwell Industries Inc ($3.7m), American Agape Foundation Inc ($3.7m) and Rise Academy ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.9% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $8.4m against liabilities of $36k, net assets of $8.4m. It reported 44 employees.