Midwives College of Utah

Analysis

Midwives College of Utah is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in May 2001, 25 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 December 2023, Midwives College of Utah reported income of $2.0m and spending of $2.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.0m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midwives College of Utah sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within UT. Charities of a similar size with the same main cause include Finishing Trades Institute Ofdistrict Council 91 ($2.0m), Teaching and Learning Alliance Inc ($2.0m) and Manhattan Beach Education Foundation Endowment Fund ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $123k (6.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.1m against liabilities of $558k, net assets of $552k. It reported 63 employees.