Heber Valley United Inc

Analysis

Heber Valley United Inc is a registered charity in United States, based in Heber City, UT. It received its IRS tax-exemption ruling in April 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 December 2023, Heber Valley United Inc reported income of $591k and spending of $343k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $328k to $591k (+80%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Heber Valley United Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within UT. Charities of a similar size with the same main cause include Naturals Baseball and Softball Academy ($591k), Clarksville Soccer Club ($591k) and New Renaissance Basketball Association Inc ($591k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $4,990. At year end it held assets of $409k against liabilities of $0, net assets of $409k.