Wasatch Mountain Institute

Analysis

Wasatch Mountain Institute is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wasatch Mountain Institute reported income of $116k and spending of $96k, spending 83% of its income. Across the 2 years on record, from December 2022 to June 2023, income fell from $134k to $116k (-14%), an average of -14% a year. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wasatch Mountain Institute sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within UT. Charities of a similar size with the same main cause include Stewards of Change Institute Inc ($116k), Foundation for Mascoutah Schools Inc ($116k) and Tewksbury Township Public Library Association ($116k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. At year end it held assets of $129k against liabilities of $1,700, net assets of $128k.