Wasatch Community Acupuncture

Analysis

Wasatch Community Acupuncture is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wasatch Community Acupuncture reported income of $350k and spending of $357k, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $339k to $350k (+3.4%), an average of +0.7% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wasatch Community Acupuncture sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within UT. Charities of a similar size with the same main cause include Mile in My Shoes ($350k), Early Recognition Is Critical Inc ($350k) and Digitalis Commons Inc ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $155k (43% of expenses). Other salaries and wages came to $98k. At year end it held assets of $200k against liabilities of $7,608, net assets of $192k. It reported 15 employees.