Wasatch Jordan Education Support Foundation

Analysis

Wasatch Jordan Education Support Foundation is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in June 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 Jordan Education Support Foundation reported income of $410k and spending of $422k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $410k (+1058%), an average of +84% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 116% 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 Jordan Education Support Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within UT. Charities of a similar size with the same main cause include Tudor Place Foundation Inc TR 1 P-02965-00-5 ($410k), Zomia Inc ($410k) and Grace O Foundation ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.