Orem Community Foundation

Analysis

Orem Community Foundation is a registered charity in United States, based in Orem, UT. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Orem Community Foundation reported income of $272k and spending of $272k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $283k to $272k (-3.7%), an average of -3.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Orem Community Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within UT. Charities of a similar size with the same main cause include Youth Challenge of New York Inc ($272k), Wondermore Inc ($272k) and Christian Methodist Church ($272k).

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