Utah Afterschool Network

Analysis

Utah Afterschool Network is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Utah Afterschool Network reported income of $1.0m and spending of $1.2m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $933k to $1.0m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Utah Afterschool Network sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within UT. Charities of a similar size with the same main cause include Cavaliers Youth Foundation ($1.0m), Protectors of Companion Animals Inc ($1.0m) and S C a Southern California Academy Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $44k (3.6% of expenses). Other salaries and wages came to $607k. At year end it held assets of $887k against liabilities of $128k, net assets of $759k. It reported 18 employees.