Utah Mountain Sports Academy

Analysis

Utah Mountain Sports Academy is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 April 2024, Utah Mountain Sports Academy reported income of $610k and spending of $654k, spending 107% of what it took in. Across the 4 years on record, from April 2021 to April 2024, income grew from $436k to $610k (+40%), an average of +12% a year. The sharpest change came in the year to April 2022, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Utah Mountain Sports Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within UT. Charities of a similar size with the same main cause include Foothills Sports Association ($610k), Fort-4-Fitness Inc ($611k) and Platform Elite ($610k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 8.7% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $394k (60% of expenses). At year end it held assets of $160k against liabilities of $113k, net assets of $48k. It reported 91 employees.