Wasatch Capsa Support Foundation

Analysis

Wasatch Capsa Support Foundation is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wasatch Capsa Support Foundation reported income of $146k and spending of $127k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20k to $146k (+625%), an average of +64% a year. The sharpest change came in the year to December 2020, when income rose by 1715%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wasatch Capsa Support Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within UT. Charities of a similar size with the same main cause include MGHPCC Holyoke Inc ($146k), Greene County Community Fund Inc ($146k) and Florida Thoroughbred Charities Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.