Stewardship Utah Foundation

Analysis

Stewardship Utah Foundation is a registered charity in United States, based in S Salt Lake, UT. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Stewardship Utah Foundation reported income of $1.1m and spending of $498k, leaving 53% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $8.4m to $1.1m (-87%), an average of -50% a year. The sharpest change came in the year to December 2021, when income dropped by 86%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stewardship Utah Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within UT. Charities of a similar size with the same main cause include Pahrump Valley Public Transportation Inc ($1.1m), Owen County Family Young Mens Christian Association Inc ($1.1m) and Ohio County & Independent Agricultural Societies ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.9m against liabilities of $397k, net assets of $1.5m.