Utah Association of College and Employers

Analysis

Utah Association of College and Employers is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Association of College and Employers reported income of $53k and spending of $93k, spending 176% of what it took in. Across the 3 years on record, from July 2020 to December 2023, income fell from $95k to $53k (-44%), an average of -25% a year. The sharpest change came in the year to July 2021, when income dropped by 47%. Over the whole period it spent 158% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Utah Association of College and Employers sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within UT. Charities of a similar size with the same main cause include Knowledge Seekers ($53k), Harmony International Development Inc ($53k) and Opportunities Incorporated ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.