Utah Chinese Association

Analysis

Utah Chinese Association is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Utah Chinese Association reported income of $72k and spending of $72k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $72k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Utah Chinese Association sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within UT. Charities of a similar size with the same main cause include Providential Support Services Inc ($72k), Touch Ones United Creating Hope Inc ($73k) and Global Helping Hands ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 6.9% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.