Utah County Academy of Sciences

Analysis

Utah County Academy of Sciences is a registered charity in United States, based in Orem, UT. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Utah County Academy of Sciences reported income of $6.8m and spending of $5.8m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $6.8m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2020, when income rose by 15%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Utah County Academy of Sciences sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within UT. Charities of a similar size with the same main cause include Northstar Academy Inc ($6.8m), Yuma Catholic High School-Yuma Arizona ($6.8m) and Eastern Kansas Christian Schools ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $109k (1.9% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $17.0m against liabilities of $11.8m, net assets of $5.2m. It reported 61 employees.